Sohu.com Limited (NASDAQ:SOHU - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.60 and traded as high as $15.38. Sohu.com shares last traded at $15.20, with a volume of 37,077 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 report on Tuesday, August 6th.
View Our Latest Stock Report on SOHU
Sohu.com Trading Down 1.0 %
The company has a 50 day moving average price of $14.96 and a 200 day moving average price of $12.62. The firm has a market cap of $502.36 million, a PE ratio of -13.57 and a beta of 1.18.
Sohu.com (NASDAQ:SOHU - Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The information services provider reported ($1.04) EPS for the quarter. The business had revenue of $172.33 million during the quarter. Sohu.com had a negative net margin of 9.00% and a negative return on equity of 7.34%.
Institutional Investors Weigh In On Sohu.com
Institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets raised its position in shares of Sohu.com by 46.5% in the first quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider's stock valued at $33,000 after purchasing an additional 1,000 shares during the period. GSA Capital Partners LLP raised its stake in shares of 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 acquiring an additional 1,914 shares during the last quarter. Russell Investments Group Ltd. raised 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 acquiring an additional 7,363 shares during the last quarter. Blue Trust Inc. lifted its position in Sohu.com by 1,973.0% during the 2nd quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider's stock valued at $57,000 after purchasing an additional 3,867 shares during the period. Finally, Headlands Technologies LLC acquired a new position in shares of Sohu.com in the 2nd quarter valued at $36,000. 33.02% of the stock is 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.
Further Reading
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