StockNews.com Initiates Coverage on Hudson Global (NASDAQ:HSON)

StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a research report released on Saturday morning. The firm issued a buy rating on the business services provider’s stock.

Hudson Global Trading Up 1.3 %

HSON opened at $15.19 on Friday. The firm’s 50 day simple moving average is $15.90 and its two-hundred day simple moving average is $16.58. The company has a market capitalization of $41.79 million, a PE ratio of -21.70 and a beta of 0.58. Hudson Global has a 1-year low of $13.38 and a 1-year high of $19.70.

Hudson Global (NASDAQ:HSON) last released its earnings results on Thursday, August 8th. The business services provider reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.11. Hudson Global had a negative net margin of 1.45% and a negative return on equity of 2.60%. The firm had revenue of $35.71 million during the quarter, compared to analyst estimates of $35.03 million. Equities analysts forecast that Hudson Global will post -0.03 earnings per share for the current fiscal 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.