SouFun Holdings Limited (SFUN) has been under a strong bear grip, hence the stock is down -9.38% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.01% in the past 1 week. The 4-week change in the price of the stock is -9.57% and the stock has fallen -0.64% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.46% and the fifty day Moving Average is 7.18%. SouFun Holdings Ltd. has dropped 15.2% during the last three month period . Year-to-Date the stock performance stands at -37.35%.
SouFun Holdings Limited (SFUN) : 4 Wall Street analysts covering SouFun Holdings Limited (SFUN) believe that the average level the stock could reach for the short term is $7.17. The maximum price target given is $8 and the minimum target for short term is around $7, hence the standard deviation is calculated at $0.74.
SouFun Holdings Limited (NYSE:SFUN): stock turned positive on Friday. Though the stock opened at $4.35, the bulls momentum made the stock top out at $4.68 level for the day. The stock recorded a low of $4.29 and closed the trading day at $4.63, in the green by 4.51%. The total traded volume for the day was 4,495,833. The stock had closed at $4.43 in the previous days trading.
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 www.fang.com 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 www.jiatx.com Website, its e-commerce transaction and payment platform, and its.txdai.com Website, its financing platform. The Companys service offerings include marketing services, e-commerce services, listing services and other value-added services.