Hudson Global Inc. (HSON) Sees Large Volume Increase
Hudson Global Inc. (NASDAQ:HSON) saw an uptick in trading volume on Friday . 67,379 shares traded hands during mid-day trading, an increase of 27% from the previous session’s volume of 52,975 shares.The stock last traded at $2.23 and had previously closed at $2.20.
Several brokerages have issued reports on HSON. TheStreet raised shares of Hudson Global from a “sell” rating to a “hold” rating in a research report on Tuesday, May 3rd. Zacks Investment Research downgraded shares of Hudson Global from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd.
The stock’s 50 day moving average is $2.13 and its 200 day moving average is $2.47. The stock has a market capitalization of $73.17 million and a P/E ratio of 13.13.
Hudson Global (NASDAQ:HSON) last issued its quarterly earnings results on Thursday, April 28th. The company reported ($0.10) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.07. The company earned $101.20 million during the quarter, compared to analysts’ expectations of $100 million. On average, analysts forecast that Hudson Global Inc. will post ($0.01) EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 24th. Investors of record on Tuesday, June 14th were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, June 10th. This represents a $0.20 dividend on an annualized basis and a yield of 9.17%.
In other Hudson Global news, major shareholder Sagard Capital Partners, L.P. sold 14,000 shares of Hudson Global stock in a transaction dated Wednesday, April 27th. The stock was sold at an average price of $2.52, for a total transaction of $35,280.00. The transaction was disclosed in a legal filing with the SEC, 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.
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