Sohu.com (NASDAQ:SOHU) Hits New 52-Week High at $15.28

Sohu.com Limited (NASDAQ:SOHU) hit a new 52-week high on Monday . The company traded as high as $15.28 and last traded at $15.25, with a volume of 104887 shares. The stock had previously closed at $14.55.

Wall Street Analysts Forecast Growth

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

Sohu.com Trading Down 5.7 %

The company has a 50 day simple moving average of $12.82 and a 200 day simple moving average of $11.05. The stock has a market cap of $490.79 million, a P/E ratio of -13.26 and a beta of 1.19.

Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings data on Monday, May 20th. The information services provider reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.42). The business 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%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SOHU. Russell Investments Group Ltd. increased its stake in shares of Sohu.com by 31.1% during the 1st quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider’s stock worth $328,000 after purchasing an additional 7,363 shares during the last quarter. Athos Capital Ltd bought a new position in Sohu.com during the fourth quarter worth about $71,000. GSA Capital Partners LLP increased its position in 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 worth $512,000 after buying an additional 1,914 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake 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 valued at $33,000 after buying an additional 1,000 shares during the period. 33.02% of the stock is owned by institutional investors and hedge funds.

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.