Hudson Global (NASDAQ:HSON) Upgraded at ValuEngine

Hudson Global (NASDAQ:HSON) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, ValuEngine reports.

Separately, BidaskClub downgraded shares of Hudson Global from a “sell” rating to a “strong sell” rating in a report on Tuesday.

Shares of NASDAQ:HSON opened at $12.98 on Wednesday. The company has a current ratio of 5.17, a quick ratio of 5.17 and a debt-to-equity ratio of 0.01. Hudson Global has a fifty-two week low of $12.00 and a fifty-two week high of $18.40.

Hudson Global (NASDAQ:HSON) last issued its earnings results on Thursday, May 9th. The business services provider reported ($0.05) earnings per share for the quarter. The firm had revenue of $16.19 million during the quarter. Hudson Global had a negative net margin of 7.11% and a negative return on equity of 10.45%.

Several large investors have recently modified their holdings of the company. Prescott Group Capital Management L.L.C. purchased a new stake in Hudson Global in the fourth quarter valued at $202,000. Cannell Capital LLC boosted its holdings in Hudson Global by 5.3% in the fourth quarter. Cannell Capital LLC now owns 2,340,742 shares of the business services provider’s stock valued at $3,160,000 after purchasing an additional 118,558 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in Hudson Global by 0.9% in the first quarter. Renaissance Technologies LLC now owns 707,100 shares of the business services provider’s stock valued at $1,075,000 after purchasing an additional 6,514 shares during the last quarter. 59.10% of the stock is currently owned by institutional investors and hedge funds.

Hudson Global Company Profile

Hudson Global, Inc provides talent solutions for small to large-sized corporations and government agencies under the Hudson RPO brand worldwide. It offers recruitment process outsourcing (RPO) recruitment services, such as complete recruitment outsourcing, project-based outsourcing, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.

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