Shares of Fang Holdings Ltd (NYSE:SFUN) hit a new 52-week low during trading on Monday . The stock traded as low as $1.18 and last traded at $1.18, with a volume of 1928 shares. The stock had previously closed at $1.21.

Several analysts have commented on the stock. ValuEngine upgraded shares of Fang from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research upgraded shares of Fang from a “sell” rating to a “hold” rating in a report on Tuesday, April 23rd. Finally, Bank of America downgraded shares of Fang from a “neutral” rating to an “underperform” rating and set a $1.51 target price on the stock. in a report on Tuesday, February 19th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The company has an average rating of “Sell” and an average price target of $2.24.

The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $535.93 million, a P/E ratio of 11.70 and a beta of 1.32.

Fang (NYSE:SFUN) last announced its earnings results on Friday, April 26th. The information services provider reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.15). The company had revenue of $82.18 million for the quarter. Fang had a positive return on equity of 7.20% and a negative net margin of 38.72%. During the same quarter in the prior year, the business earned $0.03 EPS. As a group, equities research analysts forecast that Fang Holdings Ltd will post 0.1 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Virginia Retirement Systems ET AL acquired a new stake in shares of Fang in the fourth quarter valued at approximately $39,000. Two Sigma Advisers LP acquired a new stake in shares of Fang in the fourth quarter valued at approximately $50,000. Segantii Capital Management Ltd acquired a new stake in shares of Fang in the first quarter valued at approximately $55,000. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Fang by 81.5% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 43,812 shares of the information services provider’s stock valued at $59,000 after purchasing an additional 19,676 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Fang by 1,582.8% in the first quarter. BNP Paribas Arbitrage SA now owns 52,957 shares of the information services provider’s stock valued at $71,000 after purchasing an additional 49,810 shares during the last quarter. Institutional investors own 41.08% of the company’s stock.

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About Fang (NYSE:SFUN)

Fang Holdings Limited operates a real estate Internet portal in the People's Republic of China. The company's portal offers listing, marketing, e-commerce, financial, and other value-added services. It supports active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors.

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