Sohu.com (NASDAQ:SOHU) Stock Passes Above 200-Day Moving Average of $10.81

Sohu.com Limited (NASDAQ:SOHU) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.81 and traded as high as $14.10. Sohu.com shares last traded at $13.91, with a volume of 60,298 shares changing hands.

Wall Street Analyst Weigh In

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

Sohu.com Stock Up 2.2 %

The business has a fifty day moving average of $12.47 and a 200 day moving average of $10.86. The firm has a market cap of $469.64 million, a P/E ratio of -12.69 and a beta of 1.19.

Sohu.com (NASDAQ:SOHU) last released 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). Sohu.com had a negative net margin of 6.47% and a negative return on equity of 5.77%. The company had revenue of $139.39 million during the quarter.

Institutional Trading of Sohu.com

Large investors have recently bought and sold shares of the business. Russell Investments Group Ltd. lifted its stake in Sohu.com by 31.1% in the first quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider’s stock valued at $328,000 after buying an additional 7,363 shares in the last quarter. Athos Capital Ltd bought a new position in Sohu.com in the fourth quarter valued at approximately $71,000. GSA Capital Partners LLP lifted its stake in Sohu.com by 4.1% in 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 in the last quarter. Finally, BNP Paribas Financial Markets lifted 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 in the last quarter. 33.02% of the stock is owned by institutional investors.

About Sohu.com

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.