Hudson Global, Inc. (NASDAQ:HSON) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC decreased its position in shares of Hudson Global, Inc. (NASDAQ:HSON) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,865 shares of the business services provider’s stock after selling 4,800 shares during the quarter. Renaissance Technologies LLC owned about 2.83% of Hudson Global worth $1,293,000 as of its most recent filing with the SEC.

Hudson Global Stock Down 1.2 %

HSON stock opened at $15.72 on Friday. The company has a market capitalization of $43.31 million, a P/E ratio of -42.49 and a beta of 0.57. The company has a 50-day simple moving average of $17.07 and a 200 day simple moving average of $16.91. Hudson Global, Inc. has a fifty-two week low of $13.38 and a fifty-two week high of $20.25.

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

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Hudson Global in a report on Thursday, September 26th. They issued a “buy” rating for the company.

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.