Hudson Global (NASDAQ:HSON) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Hudson Global (NASDAQ:HSON) in a report released on Tuesday morning. The brokerage issued a hold rating on the business services provider’s stock.

Hudson Global Trading Down 1.3%

Hudson Global stock opened at $9.93 on Tuesday. Hudson Global has a twelve month low of $8.83 and a twelve month high of $19.70. The stock’s fifty day simple moving average is $10.08 and its 200-day simple moving average is $12.19. The firm has a market capitalization of $27.32 million, a P/E ratio of -8.63, a P/E/G ratio of 0.37 and a beta of 0.42.

Hudson Global (NASDAQ:HSON) last posted its earnings results on Tuesday, May 13th. The business services provider reported ($0.46) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.52). The business had revenue of $31.87 million during the quarter, compared to analysts’ expectations of $32.35 million. Hudson Global had a negative net margin of 2.46% and a negative return on equity of 5.22%. Sell-side analysts predict that Hudson Global will post -0.87 earnings per share for the current year.

Hedge Funds Weigh In On Hudson Global

Large investors have recently bought and sold shares of the stock. Mink Brook Asset Management LLC acquired a new position in Hudson Global in the fourth quarter valued at $3,407,000. Manatuck Hill Partners LLC boosted its stake in Hudson Global by 33.3% in the fourth quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock valued at $783,000 after acquiring an additional 15,000 shares in the last quarter. Finally, Northern Trust Corp acquired a new position in Hudson Global in the fourth quarter valued at $166,000. Institutional investors and hedge funds own 47.23% of the company’s stock.

About Hudson Global

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.