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

Stock analysts at StockNews.com started coverage on shares of Hudson Global (NASDAQ:HSON) in a report released on Saturday. The brokerage set a “buy” rating on the business services provider’s stock.

Hudson Global Trading Up 1.5 %

Shares of NASDAQ:HSON opened at $15.30 on Friday. The stock has a 50 day moving average of $16.01 and a 200 day moving average of $16.61. The company has a market cap of $42.08 million, a PE ratio of -21.86 and a beta of 0.57. Hudson Global has a 12-month low of $13.38 and a 12-month high of $19.70.

Hudson Global (NASDAQ:HSON) last announced its quarterly earnings data on Thursday, August 8th. The business services provider reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.11. The company had revenue of $35.71 million during the quarter, compared to the consensus estimate of $35.03 million. Hudson Global had a negative return on equity of 2.60% and a negative net margin of 1.45%. Equities research 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.