Hudson Highland Group Stock Soars (HHGP)

NEW YORK ( TheStreet) -- Shares of Hudson Highland Group (Nasdaq: HHGP) have taken a tremendous swing upward. The stock is trading at $3.90 as of 3:50 p.m. ET, 26.6% above Monday's closing price of $3.08. Volume is at 90,871, 0.8 times the daily average of 110,400.

Hudson Highland Group has a market cap of $112.4 million and is part of the services sector and diversified services industry. Shares are down 47.2% year to date as of the close of trading on Monday.

Hudson Highland Group, Inc. provides professional staffing and talent management solutions worldwide. The company offers professional staffing services on a permanent and contract consulting basis, as well as a range of talent management services to businesses operating in various industries. The company has a P/E ratio of 28.5, below the average diversified services industry P/E ratio of 31.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hudson Highland Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Hudson Highland Group Ratings Report.

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