Sohu.com (NASDAQ:SOHU) Sets New 12-Month High at $15.28

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

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 Thursday, June 6th.

Sohu.com Stock Down 5.7 %

The business has a 50-day simple moving average of $12.82 and a two-hundred day simple moving average of $11.05. The stock has a market capitalization of $490.79 million, a price-to-earnings ratio of -13.26 and a beta of 1.19.

Sohu.com (NASDAQ:SOHU) last released its earnings results 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 Investors Weigh In On Sohu.com

Hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in shares of Sohu.com by 46.5% in the 1st quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider’s stock valued at $33,000 after purchasing an additional 1,000 shares during the period. Athos Capital Ltd acquired a new position in Sohu.com in the 4th quarter valued at approximately $71,000. Russell Investments Group Ltd. lifted its position in Sohu.com by 31.1% in the 1st 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. Finally, GSA Capital Partners LLP boosted its stake in shares of Sohu.com by 4.1% during the 1st 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. Hedge funds and other 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.