Sohu.com Limited (NASDAQ:SOHU) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 834,600 shares, a decline of 22.7% from the September 15th total of 1,080,000 shares. Based on an average trading volume of 852,300 shares, the short-interest ratio is currently 1.0 days. Approximately 2.1% of the company’s shares are short sold.
Shares of SOHU opened at $18.85 on Friday. The firm has a market cap of $739.47 million, a PE ratio of -5.24 and a beta of 2.45. The company’s fifty day moving average is $19.01 and its two-hundred day moving average is $12.98. Sohu.com has a fifty-two week low of $5.41 and a fifty-two week high of $25.71. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.09.
Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings results on Monday, August 10th. The information services provider reported ($1.96) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($1.84). The company had revenue of $421.06 million during the quarter. Sohu.com had a negative net margin of 7.66% and a negative return on equity of 4.15%. As a group, equities research analysts anticipate that Sohu.com will post -2.04 earnings per share for the current year.
Several analysts have commented on the stock. Morgan Stanley raised shares of Sohu.com from an “underweight” rating to an “equal weight” rating in a research note on Friday, July 31st. TheStreet raised shares of Sohu.com from a “d” rating to a “c-” rating in a research note on Wednesday, July 29th. Zacks Investment Research cut shares of Sohu.com from a “buy” rating to a “hold” rating and set a $25.00 target price for the company. in a research note on Monday, August 10th. BidaskClub lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a report on Saturday. Finally, ValuEngine lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a report on Tuesday, July 28th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $22.77.
Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the People's Republic of China. The company provides online news and information through a mobile phone application, Sohu News APP; sohu.com for PCs; and m.sohu.com mobile portal, as well as online video content and service through tv.sohu.com for PCs, as well as Sohu Video APP mobile phone application.
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