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

StockNews.com began coverage on shares of Hudson Global (NASDAQ:HSON) in a research note released on Thursday morning. The brokerage issued a buy rating on the business services provider’s stock.

Hudson Global Price Performance

Shares of HSON stock opened at $15.50 on Thursday. Hudson Global has a 1-year low of $13.38 and a 1-year high of $19.70. The stock’s 50-day moving average is $16.59 and its 200 day moving average is $16.74. The company has a market cap of $42.70 million, a P/E ratio of -41.89 and a beta of 0.57.

Hudson Global (NASDAQ:HSON) last released its quarterly earnings results on Thursday, August 8th. The business services provider reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.11. Hudson Global had a negative return on equity of 2.60% and a negative net margin of 1.45%. The company had revenue of $35.71 million during the quarter, compared to analysts’ expectations of $35.03 million. On average, analysts anticipate that Hudson Global will post -0.03 EPS for the current 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.