StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON – Get Free Report) in a report released on Tuesday. The brokerage set a “strong-buy” rating on the business services provider’s stock.
Hudson Global Stock Performance
Shares of Hudson Global stock opened at $20.50 on Tuesday. The firm has a market capitalization of $57.81 million, a PE ratio of 33.61, a price-to-earnings-growth ratio of 0.44 and a beta of 0.52. The firm’s 50 day moving average is $21.76 and its 200 day moving average is $22.32. Hudson Global has a 1 year low of $17.88 and a 1 year high of $38.00.
Institutional Investors Weigh In On Hudson Global
Several hedge funds and other institutional investors have recently made changes to their positions in HSON. HighTower Advisors LLC boosted its position in Hudson Global by 29.2% during the 4th quarter. HighTower Advisors LLC now owns 90,818 shares of the business services provider’s stock worth $2,055,000 after buying an additional 20,516 shares during the period. Millennium Management LLC acquired a new stake in Hudson Global during the 2nd quarter worth approximately $539,000. Aristides Capital LLC acquired a new stake in Hudson Global during the 1st quarter worth approximately $295,000. Renaissance Technologies LLC boosted its position in Hudson Global by 14.0% during the 4th quarter. Renaissance Technologies LLC now owns 98,965 shares of the business services provider’s stock worth $2,240,000 after buying an additional 12,146 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Hudson Global by 11.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 74,685 shares of the business services provider’s stock worth $3,037,000 after buying an additional 7,916 shares during the period. 49.23% of the stock is owned by institutional investors.
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.
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