Sohu.com (NASDAQ:SOHU - Get Free Report) announced its quarterly earnings data on Monday. The information services provider reported ($0.55) EPS for the quarter, RTT News reports. The firm had revenue of $135.65 million during the quarter. Sohu.com had a negative net margin of 16.76% and a negative return on equity of 8.49%.
Sohu.com Stock Performance
NASDAQ:SOHU traded up $0.04 during mid-day trading on Friday, reaching $10.01. The stock had a trading volume of 70,674 shares, compared to its average volume of 90,107. The firm has a market capitalization of $300.95 million, a price-to-earnings ratio of -3.20 and a beta of 0.70. Sohu.com has a twelve month low of $7.79 and a twelve month high of $17.24. The business has a 50 day simple moving average of $10.87 and a 200 day simple moving average of $12.47.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of Sohu.com from a "hold" rating to a "buy" rating in a research report on Tuesday.
View Our Latest Stock Analysis on Sohu.com
Institutional Investors Weigh In On Sohu.com
A hedge fund recently raised its stake in Sohu.com stock. Goldman Sachs Group Inc. grew its stake in shares of Sohu.com Limited (NASDAQ:SOHU - Free Report) by 21.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,197 shares of the information services provider's stock after acquiring an additional 9,168 shares during the period. Goldman Sachs Group Inc. owned about 0.17% of Sohu.com worth $674,000 at the end of the most recent reporting period. 33.02% of the stock is currently owned by hedge funds and other 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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