Hudson Global Inc. (HSON) Sees Large Volume Increase
Shares of 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 recently issued reports on HSON. TheStreet raised Hudson Global from a “sell” rating to a “hold” rating in a report on Tuesday, May 3rd. Zacks Investment Research cut Hudson Global from a “buy” rating to a “hold” rating in a report on Tuesday, May 3rd.
The firm has a 50 day moving average of $2.13 and a 200 day moving average of $2.47. The company has a market cap of $73.17 million and a P/E ratio of 13.13.
Hudson Global (NASDAQ:HSON) last posted its quarterly earnings results on Thursday, April 28th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.07. The business had revenue of $101.20 million for the quarter, compared to the consensus estimate of $100 million. Equities analysts predict that Hudson Global Inc. will post ($0.01) EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 24th. Shareholders of record on Tuesday, June 14th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 9.17%. The ex-dividend date of this dividend was Friday, June 10th.
In other Hudson Global news, major shareholder Sagard Capital Partners, L.P. sold 65,000 shares of the company’s stock in a transaction on Friday, May 6th. The shares were sold at an average price of $2.48, for a total value of $161,200.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
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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