Hudson Global (NASDAQ:HSON) Now Covered by StockNews.com

StockNews.com began coverage on shares of Hudson Global (NASDAQ:HSON) in a report published on Tuesday morning. The firm issued a strong-buy rating on the business services provider’s stock.

Hudson Global Trading Down 2.5 %

Shares of Hudson Global stock opened at $17.65 on Tuesday. The company has a market cap of $49.77 million, a P/E ratio of 25.58, a PEG ratio of 0.51 and a beta of 0.58. The business has a 50-day moving average price of $15.10 and a two-hundred day moving average price of $16.29. Hudson Global has a 1-year low of $13.38 and a 1-year high of $24.25.

Hudson Global (NASDAQ:HSON) last released its quarterly earnings data on Thursday, March 14th. The business services provider reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $33.97 million for the quarter, compared to analysts’ expectations of $38.02 million. Hudson Global had a net margin of 1.36% and a return on equity of 5.71%. Equities research analysts forecast that Hudson Global will post 1.73 EPS for the current fiscal year.

Hedge Funds Weigh In On Hudson Global

Several large investors have recently added to or reduced their stakes in the business. Mariner LLC bought a new position in shares of Hudson Global during the 3rd quarter worth approximately $1,563,000. Renaissance Technologies LLC lifted its position in shares of Hudson Global by 14.0% during the 4th quarter. Renaissance Technologies LLC now owns 98,965 shares of the business services provider’s stock worth $2,240,000 after buying an additional 12,146 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Hudson Global by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 142,367 shares of the business services provider’s stock worth $2,205,000 after buying an additional 2,814 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Hudson Global by 2.3% during the 1st quarter. HighTower Advisors LLC now owns 92,921 shares of the business services provider’s stock worth $2,069,000 after buying an additional 2,103 shares in the last quarter. Finally, BlackRock Inc. lifted its position in shares of Hudson Global by 1.1% during the 2nd quarter. BlackRock Inc. now owns 62,110 shares of the business services provider’s stock worth $1,337,000 after buying an additional 650 shares in the last quarter. Institutional investors own 47.23% of the company’s stock.

Hudson Global Company Profile

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.