Sohu.com Limited (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 $14.11 and traded as high as $14.55. Sohu.com shares last traded at $14.46, with a volume of 47,123 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded shares of Sohu.com from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th.
View Our Latest Stock Report on SOHU
Sohu.com Stock Up 1.9 %
Sohu.com (NASDAQ:SOHU – Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The information services provider reported ($0.39) earnings per share for the quarter. The firm had revenue of $151.99 million for the quarter. Sohu.com had a negative return on equity of 7.67% and a negative net margin of 15.14%.
Institutional Trading of Sohu.com
A number of institutional investors have recently bought and sold shares of the business. Sei Investments Co. lifted its position in shares of Sohu.com by 47.6% during 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. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Sohu.com by 16.1% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,700 shares of the information services provider’s stock valued at $181,000 after purchasing an additional 1,899 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Sohu.com by 63.2% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider’s stock worth $3,972,000 after purchasing an additional 116,746 shares during the last quarter. E Fund Management Co. Ltd. raised its holdings in shares of Sohu.com by 129.7% during the 4th quarter. E Fund Management Co. Ltd. now owns 45,559 shares of the information services provider’s stock worth $600,000 after buying an additional 25,721 shares in the last quarter. Finally, Vontobel Holding Ltd. acquired a new position in shares of Sohu.com during the 4th quarter worth $144,000. Institutional investors own 33.02% of the company’s stock.
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.
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