StockNews.com upgraded shares of Sohu.com (NASDAQ:SOHU - Free Report) from a hold rating to a buy rating in a research note published on Monday morning.
Sohu.com Price Performance
Shares of Sohu.com stock traded down $0.33 during trading on Monday, hitting $13.26. The stock had a trading volume of 32,009 shares, compared to its average volume of 71,338. The stock has a market cap of $428.87 million, a PE ratio of -4.24 and a beta of 1.12. Sohu.com has a 12 month low of $10.39 and a 12 month high of $17.24. The firm's fifty day simple moving average is $13.63 and its 200-day simple moving average is $13.84.
Sohu.com (NASDAQ:SOHU - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) earnings per share (EPS) for the quarter. The business had revenue of $134.68 million for the quarter. Sohu.com had a negative return on equity of 8.49% and a negative net margin of 16.76%. During the same quarter in the previous year, the firm posted ($0.37) earnings per share.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio increased its stake in Sohu.com by 12.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 96,096 shares of the information services provider's stock worth $1,267,000 after buying an additional 10,400 shares during the period. Two Sigma Advisers LP purchased a new stake in shares of Sohu.com during the fourth quarter worth $134,000. Man Group plc acquired a new stake in shares of Sohu.com in the fourth quarter valued at $166,000. D. E. Shaw & Co. Inc. boosted its holdings in Sohu.com by 11.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 159,628 shares of the information services provider's stock valued at $2,104,000 after purchasing an additional 16,449 shares during the period. Finally, Caption Management LLC acquired a new position in Sohu.com during the 4th quarter worth $315,000. Institutional investors and hedge funds own 33.02% of the company's stock.
Sohu.com Company Profile
(
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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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