Hudson Global (HSON) was a big mover last session, as its shares rose over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $3.44 to $3.64 in the past one-month time frame.
The company has seen 1 positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Hudson Global. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Hudson Global currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some other stocks in the outsourcing industry include Adecco S.A. (AHEXY), Genpact Limited (G) and Convergys Corporation (CVG). While Adecco and Genpact carry a Zacks Rank #1 (strong Buy), Convergys Corporation sports a Zacks Rank #2.
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