Sohu.com (NASDAQ:SOHU) Sees Large Volume Increase

Shares of Sohu.com Limited (NASDAQ:SOHU) saw strong trading volume on Monday . 31,729 shares were traded during trading, a decline of 46% from the previous session’s volume of 58,376 shares.The stock last traded at $15.53 and had previously closed at $15.76.

Analyst Ratings Changes

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 0.8 %

The business’s 50 day simple moving average is $14.67 and its two-hundred day simple moving average is $12.32. The stock has a market capitalization of $506.64 million, a P/E ratio of -13.69 and a beta of 1.19.

Sohu.com (NASDAQ:SOHU) last released its quarterly earnings results 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 net margin of 9.00% and a negative return on equity of 7.34%.

Institutional Investors Weigh In On Sohu.com

Several institutional investors have recently bought and sold shares of the stock. GSA Capital Partners LLP boosted its holdings in 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 worth $512,000 after acquiring an additional 1,914 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Sohu.com by 31.1% during the first quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider’s stock valued at $328,000 after purchasing an additional 7,363 shares in the last quarter. Athos Capital Ltd purchased a new position in Sohu.com during the fourth quarter worth about $71,000. Blue Trust Inc. grew its position in Sohu.com by 1,973.0% in the 2nd quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider’s stock worth $57,000 after purchasing an additional 3,867 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in 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 buying an additional 1,000 shares during the last quarter. Institutional investors own 33.02% of the company’s stock.

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.