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

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

Hudson Global Trading Up 0.5 %

Shares of Hudson Global stock opened at $15.59 on Wednesday. The firm has a market capitalization of $42.87 million, a PE ratio of -22.16 and a beta of 0.57. Hudson Global has a 12 month low of $13.38 and a 12 month high of $19.70. The business’s 50-day moving average price is $16.86 and its 200-day moving average price is $16.85.

Hudson Global (NASDAQ:HSON) last posted its quarterly earnings results on Thursday, August 8th. The business services provider reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.07) by $0.11. Hudson Global had a negative net margin of 1.45% and a negative return on equity of 2.60%. The firm had revenue of $35.71 million for the quarter, compared to the consensus estimate of $35.03 million. As a group, analysts predict that Hudson Global will post -0.03 earnings per share for the current fiscal year.

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.