Sohu.com Limited (NASDAQ:SOHU - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.83 and traded as high as $14.47. Sohu.com shares last traded at $14.47, with a volume of 79,495 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Sohu.com from a "buy" rating to a "hold" rating in a research note on Tuesday, August 6th.
Check Out Our Latest Stock Analysis on SOHU
Sohu.com Trading Down 0.6 %
The firm has a market capitalization of $475.59 million, a price-to-earnings ratio of -8.72 and a beta of 1.18. The stock has a fifty day moving average of $15.39 and a 200-day moving average of $13.83.
Sohu.com (NASDAQ:SOHU - Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The information services provider reported ($1.04) EPS for the quarter. Sohu.com had a negative return on equity of 7.34% and a negative net margin of 9.00%. The firm had revenue of $172.33 million during the quarter.
Hedge Funds Weigh In On Sohu.com
Several institutional investors and hedge funds have recently bought and sold shares of the business. Blue Trust Inc. increased its stake in shares of Sohu.com by 213.3% in the third quarter. Blue Trust Inc. now owns 12,730 shares of the information services provider's stock worth $200,000 after acquiring an additional 8,667 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of Sohu.com in the 2nd quarter valued at approximately $36,000. Russell Investments Group Ltd. lifted its stake in Sohu.com by 31.1% in the first quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider's stock valued at $328,000 after acquiring an additional 7,363 shares during the last quarter. GSA Capital Partners LLP grew its position 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 acquiring an additional 1,914 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Sohu.com by 46.5% during the 1st quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider's stock worth $33,000 after purchasing an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 33.02% of the company's stock.
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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