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

StockNews.com assumed coverage on shares of Hudson Global (NASDAQ:HSON) in a research report issued to clients and investors on Sunday. The firm set a “buy” rating on the business services provider’s stock.

Hudson Global Trading Down 2.3 %

HSON opened at $14.65 on Friday. Hudson Global has a 12-month low of $13.38 and a 12-month high of $19.70. The company has a market cap of $40.30 million, a price-to-earnings ratio of -20.93 and a beta of 0.58. The stock has a fifty day simple moving average of $15.73 and a two-hundred day simple moving average of $16.54.

Hudson Global (NASDAQ:HSON) last announced its quarterly earnings data on Thursday, August 8th. The business services provider reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $35.71 million during the quarter, compared to analyst estimates of $35.03 million. On average, analysts predict that Hudson Global will post -0.03 EPS for the current year.

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.