SouFun Holdings’ “outperform” rating was reiterated by Zacks Investment Research in a recent research note issued to investors.
SouFun Holdings Limited (SouFun) operates a real estate internet portal and home furnishing and improvement website in China and currently maintains 63 offices.
Property developers, real estate agencies, and home furnishing and improvement vendors advertise and market their products and services through SouFun’s online marketing services.
Basic listing services are offered to real estate agents, brokers, property developers, property owners and managers. Special listings are also available involving the coordination and promotion of offline themed events.
SouFun also offers subscription-based access to its information database, research reports and total web solution services.
Shares of SouFun Holdings traded down 2.92 percent during mid-day trading on Thursday 15 September, hitting $15.95.
SouFun Holdings’ 52 week low is $14.96 and its 52 week high is $27.57. The stock’s 50-day moving average is $18.39 and its 200-day moving average is $19.88. The company has a market cap of $1.217 billion and a price-to-earnings ratio of 15.80.