Sohu.com (NASDAQ:SOHU) Stock Crosses Above 200-Day Moving Average of $10.61

Sohu.com Limited (NASDAQ:SOHU) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.61 and traded as high as $13.47. Sohu.com shares last traded at $13.21, with a volume of 110,650 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com raised Sohu.com from a “hold” rating to a “buy” rating in a research note on Thursday, June 6th.

Sohu.com Price Performance

The company has a market capitalization of $436.58 million, a PE ratio of -11.79 and a beta of 1.17. The company has a 50 day moving average of $12.02 and a two-hundred day moving average of $10.61.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings results on Monday, May 20th. The information services provider reported ($0.66) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.42). The firm had revenue of $139.39 million during the quarter. Sohu.com had a negative return on equity of 5.77% and a negative net margin of 6.47%. On average, equities analysts anticipate that Sohu.com Limited will post -1.21 EPS for the current year.

Institutional Investors Weigh In On Sohu.com

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its holdings in Sohu.com by 46.5% in the first quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider’s stock worth $33,000 after acquiring an additional 1,000 shares in the last quarter. Athos Capital Ltd bought a new stake in Sohu.com in the fourth quarter worth $71,000. Russell Investments Group Ltd. lifted its holdings in shares of Sohu.com by 31.1% during the first quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider’s stock valued at $328,000 after purchasing an additional 7,363 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of Sohu.com by 4.1% during the first quarter. GSA Capital Partners LLP now owns 48,435 shares of the information services provider’s stock valued at $512,000 after buying an additional 1,914 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of Sohu.com by 5.8% during the third quarter. Acadian Asset Management LLC now owns 491,784 shares of the information services provider’s stock valued at $4,615,000 after buying an additional 26,898 shares during the last quarter. 33.02% of the stock is owned by institutional investors.

Sohu.com Company Profile

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.