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

Stock analysts at StockNews.com started coverage on shares of Hudson Global (NASDAQ:HSON) in a report issued on Friday. The brokerage set a “hold” rating on the business services provider’s stock.

Hudson Global Trading Down 0.5 %

NASDAQ:HSON opened at $11.84 on Friday. Hudson Global has a 12 month low of $11.41 and a 12 month high of $19.70. The firm has a fifty day simple moving average of $13.26 and a 200-day simple moving average of $15.03. The company has a market capitalization of $32.32 million, a P/E ratio of -10.30, a PEG ratio of 0.42 and a beta of 0.58.

Institutional Investors Weigh In On Hudson Global

An institutional investor recently bought a new position in Hudson Global stock. Northern Trust Corp acquired a new position in shares of Hudson Global, Inc. (NASDAQ:HSON) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,708 shares of the business services provider’s stock, valued at approximately $166,000. Northern Trust Corp owned 0.47% of Hudson Global at the end of the most recent quarter. Institutional investors own 47.23% of the company’s stock.

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.