Extremely important negative changes in investment behavior have recently occurred for Hudson Global Inc (NASDAQ: HSON): the stock’s recent price decline challenged its longer term uptrend, the stock fell on very heavy volume, and negative upside/downside volume developed.
Recent notable negative changes in fundamentals have affected Hudson Global Inc (NASDAQ: HSON): significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
HSON is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Hudson Global has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Hudson Global has a neutral Appreciation Score of 58 but a poor Power Rating of 27, and the Negative Value Trend Rating results.
Recent Price Action
Hudson Global Inc (NASDAQ: HSON) stock suffered a large decline of -5.2% on 7/1/24. The stock closed at $15.74. Moreover, this decline was accompanied by exceptionally high trading volume at 701% of normal. The stock has been weak relative to the market over the last nine months and has declined -7.7% during the last week.
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