Hudson Global Inc. (HSON) Trading Down 4.6%
Hudson Global Inc. (NASDAQ:HSON)’s share price fell 4.6% during trading on Friday . The company traded as low as $2.05 and last traded at $2.07, with a volume of 54,490 shares. The stock had previously closed at $2.17.
A number of brokerages recently commented on HSON. Zacks Investment Research downgraded shares of Hudson Global from a “buy” rating to a “hold” rating in a research note on Tuesday, May 3rd. TheStreet raised shares of Hudson Global from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd.
The stock has a 50-day moving average of $2.12 and a 200-day moving average of $2.42. The stock’s market cap is $67.50 million.
Hudson Global (NASDAQ:HSON) last posted its quarterly earnings results on Thursday, July 28th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $113.07 million for the quarter, compared to analyst estimates of $108.30 million. On average, equities research analysts anticipate that Hudson Global Inc. will post ($0.01) EPS for the current fiscal year.
In other news, major shareholder Sagard Capital Partners, L.P. sold 122,105 shares of the stock in a transaction that occurred on Tuesday, May 10th. The shares were sold at an average price of $2.35, for a total value of $286,946.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Hudson Global, Inc (Hudson) is a provider of professional-level recruitment and related talent solutions across the world. The Company’s segments include Hudson Americas, Hudson Asia Pacific and Hudson Europe. Its service offerings include Permanent Recruitment, Temporary Contracting, Recruitment Process Outsourcing (RPO) and Talent Management solutions.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.