Sohu.com Inc. (NASDAQ:SOHU - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.09 and traded as high as $14.25. Sohu.com shares last traded at $14.22, with a volume of 98,962 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded Sohu.com from a "sell" rating to a "hold" rating in a report on Wednesday, May 28th.
Get Our Latest Analysis on SOHU
Sohu.com Price Performance
The business has a 50 day moving average of $11.65 and a 200 day moving average of $12.13. The firm has a market capitalization of $451.77 million, a price-to-earnings ratio of 4.06 and a beta of 0.77.
Sohu.com (NASDAQ:SOHU - Get Free Report) last announced its quarterly earnings results on Monday, May 19th. The information services provider reported ($0.55) earnings per share for the quarter. Sohu.com had a net margin of 17.97% and a negative return on equity of 7.86%. The company had revenue of $135.65 million during the quarter.
Hedge Funds Weigh In On Sohu.com
Several large investors have recently made changes to their positions in SOHU. Two Sigma Advisers LP acquired a new position in Sohu.com in the fourth quarter valued at about $134,000. BNP Paribas Financial Markets lifted its stake in Sohu.com by 226.5% in the fourth quarter. BNP Paribas Financial Markets now owns 18,021 shares of the information services provider's stock valued at $238,000 after buying an additional 12,502 shares during the period. Sei Investments Co. lifted its stake in Sohu.com by 47.6% in the fourth quarter. Sei Investments Co. now owns 17,354 shares of the information services provider's stock valued at $229,000 after buying an additional 5,600 shares during the period. Trexquant Investment LP lifted its stake in Sohu.com by 84.4% in the fourth quarter. Trexquant Investment LP now owns 28,123 shares of the information services provider's stock valued at $371,000 after buying an additional 12,873 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Sohu.com by 36.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 267,044 shares of the information services provider's stock valued at $3,520,000 after buying an additional 71,259 shares during the period. Institutional investors and hedge funds 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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