Sohu.com Inc. (NASDAQ:SOHU - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.17 and traded as high as $15.35. Sohu.com shares last traded at $15.14, with a volume of 114,093 shares.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Sohu.com from a "sell" rating to a "hold" rating in a report on Wednesday, May 28th.
Check Out Our Latest Research Report on SOHU
Sohu.com Trading Up 1.7%
The stock's fifty day moving average is $12.19 and its two-hundred day moving average is $12.23. The company has a market capitalization of $473.90 million, a PE ratio of 4.26 and a beta of 0.77.
Sohu.com (NASDAQ:SOHU - Get Free Report) last issued 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 negative return on equity of 7.86% and a net margin of 17.97%. The company had revenue of $135.65 million during the quarter.
Institutional Investors Weigh In On Sohu.com
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Two Sigma Advisers LP bought a new stake in Sohu.com in the 4th quarter valued at about $134,000. BNP Paribas Financial Markets raised its stake in Sohu.com by 226.5% in the 4th quarter. BNP Paribas Financial Markets now owns 18,021 shares of the information services provider's stock valued at $238,000 after acquiring an additional 12,502 shares during the period. Sei Investments Co. raised its stake in Sohu.com by 47.6% in the 4th quarter. Sei Investments Co. now owns 17,354 shares of the information services provider's stock valued at $229,000 after acquiring an additional 5,600 shares during the period. Trexquant Investment LP increased its position in shares of Sohu.com by 84.4% during 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 increased its position in shares of 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 period. 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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