Hudson Global (NASDAQ:HSON) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a report released on Thursday. The brokerage set a “buy” rating on the business services provider’s stock.

Hudson Global Price Performance

NASDAQ:HSON opened at $15.50 on Thursday. The company has a market capitalization of $42.70 million, a P/E ratio of -41.89 and a beta of 0.57. Hudson Global has a 1 year low of $13.38 and a 1 year high of $19.70. The business has a fifty day simple moving average of $16.69 and a two-hundred day simple moving average of $16.78.

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