Shares of Sohu.com Inc. (NASDAQ:SOHU - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.09 and traded as high as $13.92. Sohu.com shares last traded at $13.80, with a volume of 62,251 shares.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Sohu.com from a "sell" rating to a "hold" rating in a report on Wednesday, May 28th.
Get Our Latest Report on SOHU
Sohu.com Trading Up 0.8%
The company has a market cap of $414.82 million, a PE ratio of 3.73 and a beta of 0.77. The stock has a 50 day moving average price of $11.11 and a 200 day moving average price of $12.09.
Sohu.com (NASDAQ:SOHU - Get Free Report) last posted its quarterly earnings data on Monday, May 19th. The information services provider reported ($0.55) earnings per share (EPS) for the quarter. Sohu.com had a negative return on equity of 7.86% and a net margin of 17.97%. The firm had revenue of $135.65 million during the quarter.
Institutional Investors Weigh In On Sohu.com
Several hedge funds have recently bought and sold shares of the business. MASO CAPITAL PARTNERS Ltd increased its stake in shares of Sohu.com by 2.1% during the fourth quarter. MASO CAPITAL PARTNERS Ltd now owns 906,256 shares of the information services provider's stock valued at $11,944,000 after purchasing an additional 18,474 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of Sohu.com by 1.5% in the 1st quarter. Acadian Asset Management LLC now owns 665,858 shares of the information services provider's stock worth $8,743,000 after buying an additional 10,058 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in Sohu.com by 63.2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider's stock valued at $3,972,000 after buying an additional 116,746 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Sohu.com by 36.4% during 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 last quarter. Finally, D. E. Shaw & Co. Inc. raised its stake in Sohu.com by 11.5% during 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 buying an additional 16,449 shares during the last quarter. Institutional investors 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.
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