Hudson Global Inc (NASDAQ:HSON) saw a large growth in short interest in July. As of July 15th, there was short interest totalling 2,600 shares, a growth of 73.3% from the June 30th total of 1,500 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are short sold.
Separately, Zacks Investment Research lowered Hudson Global from a “hold” rating to a “sell” rating in a report on Friday, July 24th.
An institutional investor recently raised its position in Hudson Global stock. Renaissance Technologies LLC increased its holdings in shares of Hudson Global Inc (NASDAQ:HSON) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,496 shares of the business services provider’s stock after buying an additional 3,054 shares during the quarter. Renaissance Technologies LLC owned 2.67% of Hudson Global worth $938,000 as of its most recent filing with the Securities and Exchange Commission. 52.76% of the stock is currently owned by institutional investors.
HSON stock opened at $9.31 on Friday. Hudson Global has a fifty-two week low of $6.06 and a fifty-two week high of $13.10. The business has a 50 day moving average price of $8.97 and a 200 day moving average price of $9.70. The stock has a market cap of $24.95 million, a price-to-earnings ratio of 66.50 and a beta of 0.41.
Hudson Global (NASDAQ:HSON) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported ($0.17) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.17). Hudson Global had a return on equity of 4.08% and a net margin of 0.43%. The business had revenue of $24.13 million for the quarter, compared to the consensus estimate of $25.25 million. Research analysts predict that Hudson Global will post -0.06 EPS for the current fiscal year.
Hudson Global Company Profile
Hudson Global, Inc provides talent solutions for small to large-sized corporations and government agencies under the Hudson RPO brand worldwide. It offers recruitment process outsourcing (RPO) recruitment services, such as complete recruitment outsourcing, project-based outsourcing, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.
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