Company Shares of SouFun Holdings Limited Rally 8.35%

Stocks of SouFun Holdings Limited (NYSE:SFUN) rallied by 8.35% during the past week but lost 6.49% on a 4-week basis. The company has outperformed the S&P 500 by 9.65% in the past week but underperformed the index by 7.34% in the last 4 weeks.

SouFun Holdings Limited (NYSE:SFUN): The stock was completely flat for the day, closing at $5.19 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $5.20, the stock touched an intraday high of $5.27 and a low of $5.10. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $5.19. The total trading volume on Friday was 4,173,538.

The company shares have dropped -42.01% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $9.32 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $5.48 and the 200 Day Moving Average price is recorded at $5.88.

Many analysts have stated their opinion on the company shares. Brean Capital initiates coverage on SouFun Holdings Limited (NYSE:SFUN). Brean Capital has a Hold rating on the shares. The rating by the firm was issued on June 7, 2016. Institutional Investors own 50.19% of SouFun Holdings Limited shares.

SouFun Holdings Limited operates as a real estate Internet portal in China. The Company also operates home furnishing and improvement Websites. Its Websites and mobile applications support online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China. The Companys Website contains contents covering more than 350 cities across China, as well as Hong Kong, Taiwan, Singapore and Vancouver, Canada. This Website also contains links to other specialized real estate and home furnishing and improvement Websites, including its Website, its e-commerce transaction and payment platform, and Website, its financing platform. The Companys service offerings include marketing services, e-commerce services, listing services and other value-added services.

Leave a Reply

David Johnson - Is it time to Sell?

Top Brokerage Firms are advising their investors on David Johnson. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.