Sohu.com (Nasdaq:SOHU) hit a new 52-week high Wednesday as it changed hands at $86.89 compared with its previous 52-week high of $86.09. Sohu.com is currently trading at $86.48 with 339,522 shares changing hands as of 10:06 a.m..
NEW YORK ( TheStreet) -- Sohu.com (Nasdaq: SOHU) hit a new 52-week high Wednesday as it traded at $86.89 compared with its previous 52-Week high of $86.09. Sohu.com is changing hands at $86.48 with 339,522 shares traded as of 10:06 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Sohu.com has a market cap of $3.2 billion and is part of the technology sector and internet industry. Shares are up 33.9% year to date as of the close of trading on Tuesday. Sohu.com Inc., an Internet company, provides news, information, video content, entertainment, and communication services in the People's Republic of China. The company has a P/E ratio of 20.3, below the average internet industry P/E ratio of 23.6 and below the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Sohu.com as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Sohu.com Ratings Report.