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

StockNews.com started coverage on shares of Hudson Global (NASDAQ:HSONGet Rating) in a research report sent to investors on Tuesday morning. The brokerage issued a strong-buy rating on the business services provider’s stock.

Hudson Global Stock Performance

Shares of Hudson Global stock opened at $35.01 on Tuesday. The stock has a market capitalization of $98.20 million, a PE ratio of 11.26, a price-to-earnings-growth ratio of 0.54 and a beta of 0.53. Hudson Global has a 52-week low of $15.46 and a 52-week high of $44.00. The company has a 50-day simple moving average of $32.24 and a two-hundred day simple moving average of $34.04.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in HSON. JPMorgan Chase & Co. bought a new stake in Hudson Global during the second quarter valued at approximately $29,000. Dorsey Wright & Associates bought a new stake in Hudson Global during the first quarter valued at approximately $47,000. UBS Group AG grew its position in Hudson Global by 241.4% during the first quarter. UBS Group AG now owns 1,502 shares of the business services provider’s stock valued at $61,000 after buying an additional 1,062 shares during the period. Acadian Asset Management LLC bought a new stake in Hudson Global during the fourth quarter valued at approximately $210,000. Finally, O Shaughnessy Asset Management LLC grew its position in Hudson Global by 31.9% during the second quarter. O Shaughnessy Asset Management LLC now owns 11,638 shares of the business services provider’s stock valued at $365,000 after buying an additional 2,814 shares during the period. 60.94% of the stock is owned by hedge funds and other institutional investors.

Hudson Global Company Profile

(Get Rating)

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 complete 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.

Further Reading

Receive News & Ratings for Hudson Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson Global and related companies with MarketBeat.com's FREE daily email newsletter.