Hudson Global (NASDAQ:HSON) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Hudson Global (NASDAQ:HSON) in a research report sent to investors on Saturday morning. The brokerage issued a hold rating on the business services provider’s stock.

Hudson Global Stock Performance

Shares of Hudson Global stock opened at $11.15 on Friday. Hudson Global has a 52-week low of $11.15 and a 52-week high of $19.70. The stock has a market capitalization of $30.44 million, a PE ratio of -9.70, a price-to-earnings-growth ratio of 0.37 and a beta of 0.58. The company has a 50-day simple moving average of $12.93 and a two-hundred day simple moving average of $14.83.

Hedge Funds Weigh In On Hudson Global

A number of hedge funds have recently bought and sold shares of HSON. Northern Trust Corp purchased a new position in Hudson Global in the 4th quarter worth about $166,000. Manatuck Hill Partners LLC raised its holdings in shares of Hudson Global by 33.3% during 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 during the last quarter. Finally, Mink Brook Asset Management LLC purchased a new position in shares of Hudson Global during the fourth quarter valued at approximately $3,407,000. Hedge funds and other institutional investors own 47.23% of the company’s stock.

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.