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Sohu.com (NASDAQ:SOHU) Stock Price Passes Above 200 Day Moving Average of $12.14

Sohu.com logo with Computer and Technology background

Sohu.com Limited (NASDAQ:SOHU - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.14 and traded as high as $16.32. Sohu.com shares last traded at $15.73, with a volume of 79,841 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Sohu.com from a "buy" rating to a "hold" rating in a research note on Tuesday, August 6th.

Check Out Our Latest Report on Sohu.com

Sohu.com Trading Down 1.5 %

The company's 50-day simple moving average is $14.45 and its 200-day simple moving average is $12.14. The stock has a market capitalization of $512.28 million, a price-to-earnings ratio of -14.04 and a beta of 1.19.

Sohu.com (NASDAQ:SOHU - Get Free Report) last announced its quarterly earnings results on Monday, May 20th. The information services provider reported ($0.66) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.42). Sohu.com had a negative net margin of 9.00% and a negative return on equity of 7.34%. The business had revenue of $139.39 million during the quarter.


Institutional Investors Weigh In On Sohu.com

Several large investors have recently modified their holdings of SOHU. Russell Investments Group Ltd. increased its position in shares of Sohu.com by 31.1% during the first quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider's stock worth $328,000 after buying an additional 7,363 shares during the period. Athos Capital Ltd acquired a new stake in Sohu.com in the fourth quarter worth $71,000. Blue Trust Inc. grew its holdings in Sohu.com by 1,973.0% in the second quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider's stock worth $57,000 after purchasing an additional 3,867 shares during the period. Headlands Technologies LLC acquired a new stake in Sohu.com in the second quarter worth $36,000. Finally, GSA Capital Partners LLP grew its holdings in Sohu.com by 4.1% in the first quarter. GSA Capital Partners LLP now owns 48,435 shares of the information services provider's stock worth $512,000 after purchasing an additional 1,914 shares during the period. 33.02% of the stock is currently owned by institutional investors and hedge funds.

Sohu.com Company Profile

(Get Free Report)

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.

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