Hudson Global (NASDAQ:HSON) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a research note issued to investors on Sunday morning. The firm issued a strong-buy rating on the business services provider’s stock.

Hudson Global Price Performance

Shares of NASDAQ HSON opened at $15.82 on Friday. The firm has a 50-day simple moving average of $16.41 and a two-hundred day simple moving average of $15.79. Hudson Global has a 1 year low of $13.38 and a 1 year high of $24.00. The company has a market cap of $44.77 million, a P/E ratio of 22.93, a PEG ratio of 0.48 and a beta of 0.62.

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

Institutional Trading of Hudson Global

An institutional investor recently bought a new position in Hudson Global stock. Mariner LLC acquired a new position in Hudson Global, Inc. (NASDAQ:HSON) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 82,919 shares of the business services provider’s stock, valued at approximately $1,563,000. Mariner LLC owned 2.94% of Hudson Global at the end of the most recent reporting period. 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.