StockNews.com Initiates Coverage on Hudson Global (NASDAQ:HSON)

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

Hudson Global Price Performance

Shares of NASDAQ:HSON opened at $18.32 on Friday. The business has a 50-day moving average of $17.42 and a two-hundred day moving average of $16.45. The firm has a market capitalization of $50.46 million, a PE ratio of -49.51 and a beta of 0.56. Hudson Global has a 12 month low of $13.38 and a 12 month high of $22.95.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Hudson Global stock. Victory Capital Management Inc. bought a new stake in shares of Hudson Global, Inc. (NASDAQ:HSON) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned approximately 0.12% of Hudson Global at the end of the most recent quarter. 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.