Sohu.com Limited (NASDAQ:SOHU - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.11 and traded as high as $14.55. Sohu.com shares last traded at $14.46, with a volume of 47,123 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Sohu.com from a "hold" rating to a "buy" rating in a research note on Wednesday, November 13th.
Read Our Latest Report on Sohu.com
Sohu.com Price Performance
The firm has a market cap of $474.57 million, a P/E ratio of -5.22 and a beta of 1.13. The stock's 50 day moving average is $13.17 and its two-hundred day moving average is $14.11.
Sohu.com (NASDAQ:SOHU - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The information services provider reported ($0.39) earnings per share for the quarter. The company had revenue of $151.99 million during the quarter. Sohu.com had a negative net margin of 15.14% and a negative return on equity of 7.67%.
Institutional Trading of Sohu.com
A number of large investors have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Sohu.com by 166.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 184,642 shares of the information services provider's stock valued at $2,908,000 after purchasing an additional 115,407 shares in the last quarter. FMR LLC bought a new position in Sohu.com during the 3rd quarter valued at about $3,774,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Sohu.com by 129.7% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 45,559 shares of the information services provider's stock valued at $600,000 after purchasing an additional 25,721 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Sohu.com in the third quarter valued at about $1,350,000. Finally, Blue Trust Inc. grew its stake in Sohu.com by 213.3% during the third quarter. Blue Trust Inc. now owns 12,730 shares of the information services provider's stock worth $200,000 after buying an additional 8,667 shares during the last quarter. 33.02% of the stock is currently owned by institutional investors.
About Sohu.com
(
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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