Sohu.com (NASDAQ:SOHU) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Sohu.com Inc. (NASDAQ:SOHU) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.04 and traded as high as $14.61. Sohu.com shares last traded at $14.24, with a volume of 45,708 shares changing hands.

Analyst Ratings Changes

SOHU has been the subject of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Sohu.com in a report on Wednesday, October 8th. Citigroup reiterated a “buy” rating and set a $20.00 target price (up from $17.00) on shares of Sohu.com in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.00.

Sohu.com Stock Performance

The stock has a market cap of $428.20 million, a price-to-earnings ratio of 3.41 and a beta of 0.36. The firm’s 50-day simple moving average is $15.49 and its two-hundred day simple moving average is $13.04.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings results on Monday, August 4th. The information services provider reported ($0.69) earnings per share (EPS) for the quarter. The firm had revenue of $126.27 million during the quarter. Sohu.com had a net margin of 22.70% and a negative return on equity of 6.37%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. increased its holdings in Sohu.com by 21.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,197 shares of the information services provider’s stock worth $674,000 after purchasing an additional 9,168 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Sohu.com by 8.5% during the 1st quarter. Russell Investments Group Ltd. now owns 38,069 shares of the information services provider’s stock valued at $506,000 after purchasing an additional 2,993 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. raised its holdings in Sohu.com by 7.5% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 68,476 shares of the information services provider’s stock valued at $911,000 after acquiring an additional 4,794 shares during the period. Strs Ohio acquired a new stake in shares of Sohu.com during the first quarter worth $1,379,000. Finally, Legacy Capital Group California Inc. acquired a new stake in shares of Sohu.com in the first quarter valued at approximately $214,000. 33.02% of the stock is owned by institutional investors and hedge funds.

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.