Hudson Global Inc (NASDAQ: HSON) stock closed at $18.96 on 7/3/24 after a major increase of 12.8%. Moreover, this advance was accompanied by unusually high trading volume at 161% of normal. Relative to the market the stock has been weak over the last nine months but has risen 19.6% during the last week.
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, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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