Sohu.com Inc. (NASDAQ:SOHU - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.29 and traded as high as $15.60. Sohu.com shares last traded at $15.54, with a volume of 79,010 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Sohu.com from a "sell" rating to a "hold" rating in a research note on Wednesday, May 28th.
Check Out Our Latest Stock Report on SOHU
Sohu.com Trading Up 2.4%
The company's 50 day moving average price is $12.49 and its two-hundred day moving average price is $12.29. The stock has a market cap of $467.29 million, a P/E ratio of 4.20 and a beta of 0.77.
Sohu.com (NASDAQ:SOHU - Get Free Report) last issued its quarterly earnings data on Monday, May 19th. The information services provider reported ($0.55) earnings per share for the quarter. Sohu.com had a negative return on equity of 7.86% and a net margin of 17.97%. The business had revenue of $135.65 million during the quarter.
Hedge Funds Weigh In On Sohu.com
Several large investors have recently added to or reduced their stakes in the company. Seldon Capital LP bought a new stake in shares of Sohu.com during the fourth quarter valued at approximately $132,000. Two Sigma Advisers LP bought a new stake in shares of Sohu.com during the fourth quarter valued at approximately $134,000. Man Group plc bought a new stake in shares of Sohu.com during the fourth quarter valued at approximately $166,000. Legacy Capital Group California Inc. bought a new stake in Sohu.com in the first quarter worth $214,000. Finally, Contravisory Investment Management Inc. bought a new stake in Sohu.com in the first quarter worth $216,000. Hedge funds and other 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.
Further Reading
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