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

Analysts at StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a note issued to investors on Saturday. The brokerage set a “strong-buy” rating on the business services provider’s stock.

Hudson Global Stock Performance

Shares of NASDAQ:HSON opened at $17.32 on Friday. Hudson Global has a one year low of $13.38 and a one year high of $24.00. The business’s fifty day moving average price is $16.13 and its two-hundred day moving average price is $15.88. The stock has a market cap of $48.76 million, a PE ratio of 25.10, a price-to-earnings-growth ratio of 0.50 and a beta of 0.61.

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

Institutional Investors Weigh In On Hudson Global

A hedge fund recently bought a new stake in Hudson Global stock. Mariner LLC acquired a new position in shares of Hudson Global, Inc. (NASDAQ:HSON) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 82,919 shares of the business services provider’s stock, valued at approximately $1,563,000. Mariner LLC owned about 2.94% of Hudson Global as of its most recent SEC filing. Institutional investors and hedge funds 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.