Shares of Sohu.com Limited (NASDAQ:SOHU - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.45 and traded as high as $11.59. Sohu.com shares last traded at $11.56, with a volume of 30,543 shares traded.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of Sohu.com from a "buy" rating to a "hold" rating in a research note on Friday, March 8th.
Check Out Our Latest Research Report on Sohu.com
Sohu.com Stock Performance
The firm has a market cap of $377.76 million, a PE ratio of -12.84 and a beta of 1.37. The stock's 50 day simple moving average is $10.05 and its 200 day simple moving average is $9.47.
Sohu.com (NASDAQ:SOHU - Get Free Report) last released its quarterly earnings results on Monday, March 4th. The information services provider reported ($0.29) EPS for the quarter, topping analysts' consensus estimates of ($0.42) by $0.13. Sohu.com had a negative net margin of 5.06% and a negative return on equity of 4.88%. The business had revenue of $141.36 million during the quarter, compared to analysts' expectations of $159.62 million. As a group, analysts anticipate that Sohu.com Limited will post -1.21 earnings per share for the current year.
Institutional Investors Weigh In On Sohu.com
A number of hedge funds have recently made changes to their positions in SOHU. Tower Research Capital LLC TRC bought a new stake in Sohu.com during the 1st quarter valued at $30,000. Osaic Holdings Inc. raised its holdings in Sohu.com by 15,023.8% during the 2nd quarter. Osaic Holdings Inc. now owns 3,176 shares of the information services provider's stock valued at $35,000 after buying an additional 3,155 shares during the last quarter. Athos Capital Ltd bought a new stake in Sohu.com during the 4th quarter valued at $71,000. Barclays PLC raised its holdings in Sohu.com by 117,363.6% during the 4th quarter. Barclays PLC now owns 12,921 shares of the information services provider's stock valued at $177,000 after buying an additional 12,910 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Sohu.com during the 4th quarter valued at $191,000. 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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