Sohu.com (NASDAQ:SOHU) Shares Pass Above 200 Day Moving Average of $12.60

Sohu.com Limited (NASDAQ:SOHU) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.60 and traded as high as $15.38. Sohu.com shares last traded at $15.20, with a volume of 37,077 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Sohu.com from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th.

Sohu.com Stock Down 1.0 %

The firm has a market capitalization of $502.34 million, a P/E ratio of -13.57 and a beta of 1.18. The firm’s 50-day simple moving average is $14.96 and its 200-day simple moving average is $12.62.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings data on Monday, August 5th. The information services provider reported ($1.04) earnings per share (EPS) for the quarter. The company had revenue of $172.33 million for the quarter. Sohu.com had a negative return on equity of 7.34% and a negative net margin of 9.00%.

Hedge Funds Weigh In On Sohu.com

Several institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. boosted 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 worth $328,000 after buying an additional 7,363 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Sohu.com by 1,973.0% during the 2nd quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 3,867 shares during the last quarter. Headlands Technologies LLC purchased a new position in Sohu.com in the 2nd quarter worth $36,000. GSA Capital Partners LLP boosted 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 valued at $512,000 after buying an additional 1,914 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in shares of 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 buying an additional 1,000 shares during the period. 33.02% of the stock is currently 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.