I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Up 24 News specializing in quicker moving active shares with a short term view on investment opportunities and trends.
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Latest posts by Frank Caffrey (see all)
- Hot Stock That Must Be in Your Portfolio: Atlassian Corporation Plc (NASDAQ: TEAM) - July 14, 2019
- Eye-Catching Hot Stock: SolarWinds Corporation (NYSE: SWI) - July 13, 2019
- Earnings Review: Sogou Inc. (NYSE: SOGO) - July 12, 2019
BEIJING, July 12, 2019 – Shares of Sogou Inc. (NYSE: SOGO) showed the bearish trend with a lower momentum of -1.02% to $3.89. The company traded total volume of 499.876K shares as contrast to its average volume of 781.67K shares. The company has a market value of $1.61B and about 413.63M shares outstanding.
Sogou Inc. (SOGO) reported a first-quarter loss of $3.90M, after reporting a profit in the same period a year earlier. On a per-share basis, the Beijing-based company said it had a loss of 1 cent. The Chinese search engine posted revenue of $252.70M in the period. For the current quarter ending in July, Sogou said it anticipates revenue in the range of $303.0M to $313.0M.
The Company offered net profit margin of 7.10% while its gross profit margin was 35.80%. ROE was recorded as 8.00%. The stock, as of recent close, has shown the weekly downbeat performance of -6.04% which was maintained at -25.90% in this year.