Sohu.com (NASDAQ:SOHU) Shares Cross Above Two Hundred Day Moving Average of $9.62

Sohu.com Limited (NASDAQ:SOHU) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.62 and traded as high as $11.57. Sohu.com shares last traded at $11.54, with a volume of 13,763 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a research note on Friday, March 8th.

Sohu.com Stock Performance

The stock has a market cap of $381.40 million, a PE ratio of -12.97 and a beta of 1.37. The company’s 50 day simple moving average is $10.42 and its 200 day simple moving average is $9.62.

Sohu.com (NASDAQ:SOHU) last released its quarterly earnings data on Monday, March 4th. The information services provider reported ($0.29) EPS for the quarter, topping the consensus estimate of ($0.42) by $0.13. Sohu.com had a negative net margin of 5.06% and a negative return on equity of 4.88%. The company had revenue of $141.36 million during the quarter, compared to the consensus estimate of $159.62 million. Equities research analysts expect that Sohu.com Limited will post -1.21 earnings per share for the current year.

Institutional Trading of Sohu.com

An institutional investor recently bought a new position in Sohu.com stock. Athos Capital Ltd bought a new position in Sohu.com Limited (NASDAQ:SOHU) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 7,181 shares of the information services provider’s stock, valued at approximately $71,000. Sohu.com accounts for approximately 0.1% of Athos Capital Ltd’s investment portfolio, making the stock its 23rd biggest holding. 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.