Hudson Global (NASDAQ:HSON) Earns Hold Rating from Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a research note issued to investors on Saturday. The firm set a “hold” rating on the business services provider’s stock.

Hudson Global Price Performance

NASDAQ:HSON opened at $11.15 on Friday. Hudson Global has a 12-month low of $11.15 and a 12-month high of $19.70. The business has a 50 day simple moving average of $13.00 and a 200 day simple moving average of $14.87. The firm has a market capitalization of $30.44 million, a P/E ratio of -9.70, a P/E/G ratio of 0.37 and a beta of 0.58.

Institutional Investors Weigh In On Hudson Global

A number of institutional investors and hedge funds have recently modified their holdings of HSON. Northern Trust Corp acquired a new position in Hudson Global during the fourth quarter valued at $166,000. Manatuck Hill Partners LLC grew its stake in Hudson Global by 33.3% in the fourth quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock valued at $783,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Mink Brook Asset Management LLC purchased a new position in Hudson Global in the fourth quarter valued at about $3,407,000. 47.23% of the stock is owned by institutional investors and hedge funds.

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.