Notable News to Watch: Heidrick & Struggles (NASDAQ:HSII)

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Heidrick & Struggles (NASDAQ:HSII) stock observed trading -28.89% off 52-week high price. On the other end, the stock has been noted 13.98% away from low price over the last 52-weeks. The stock disclosed a move of -11.44% away from 50 day moving average and -9.52% away from 200 day moving average. Moving closer, we can see that shares have been trading -0.67% off 20-day moving average. It has market cap of $619.21M and dividend yield of 1.86%.

Heidrick & Struggles (NASDAQ:HSII), a premier provider of executive search, leadership assessment and development, organization and team effectiveness, and culture shaping services globally, reported the appointment of Adam Warby, CEO of Avanade, as Chairman of the Board of Directors, effective immediately.

Warby joined Heidrick & Struggles’ Board in 2018 to sharpen the firm’s focus on its digital transformation. As CEO of Avanade, a joint venture founded between Accenture LLP and Microsoft Corporation, Warby has a proven track record of success. Under his leadership, Avanade has rotated its business to focus on cloud and digital, tripled its revenues, expanded its global footprint and grown to more than 36,000 professionals. Warby will step down from his role as CEO of Avanade at the end of August.

“Adam’s insights and contributions to our board have been invaluable as we have expanded our data-driven, tech-enabled capabilities,” said Krishnan Rajagopalan, President and CEO, Heidrick & Struggles. “As chairman, his deep knowledge of both the technology and consulting space will be hugely beneficial as we continue to enhance our client experience, tailor our service offerings and accelerate our growth.”

“Clients are looking for a trusted advisor in this fast-evolving, digital world, and I’m delighted to be taking up the chairmanship of Heidrick & Struggles at this exciting time,” said Warby. “There is tremendous opportunity in the talent and human capital solutions market, and I’m looking forward to helping the team develop its strategy and execution to provide superior innovative services, outperform its competition and grow the business.”

The USA based company Heidrick & Struggles International moved with change of 0.88% to $32.2 with the total traded volume of 195279 shares in recent session versus to an average volume of 160.69K. The stock was observed in the 5 days activity at 6.06%. The one month performance of stock was -6.48%. HSII’s shares are at -21.02% for the quarter and driving a -16.58% return over the course of the past year and is now at 3.24% since this point in 2018.  Right now the stock beta is 1.42. The average volatility for the week and month was at 3.51% and 3.02% respectively. There are 19.23M shares outstanding and 18.63M shares are floated in market.

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Christopher Abbott
Christopher Abbott joined the, after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. He earned bachelor degree from Union College with a focus in Business Administration. Christopher is the Senior Editor for and market movers section. He also holds an MBA from Penn State University He has two daughter and two children. Address: 1140 Water Street, Concord, California Phone Number: 925-348-4776 Email: 
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