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

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

Hudson Global Stock Up 1.4 %

HSON stock opened at $10.35 on Monday. Hudson Global has a 52-week low of $10.10 and a 52-week high of $19.70. The stock’s 50 day moving average is $12.16 and its two-hundred day moving average is $14.18. The company has a market capitalization of $28.25 million, a PE ratio of -9.00, a P/E/G ratio of 0.37 and a beta of 0.54.

Institutional Investors Weigh In On Hudson Global

Hedge funds and other institutional investors have recently bought and sold shares of the business. Northern Trust Corp purchased a new stake in Hudson Global during the 4th quarter worth approximately $166,000. Manatuck Hill Partners LLC increased its holdings in Hudson Global by 33.3% during the 4th quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock worth $783,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Mink Brook Asset Management LLC purchased a new stake in Hudson Global during the 4th quarter worth approximately $3,407,000. 47.23% of the stock is currently owned by hedge funds and other institutional investors.

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.