Sina Corporation (SINA) : 4 analysts are covering Sina Corporation (SINA) and their average rating on the stock is 1.5, which is read as a Strong Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Sina Corporation (SINA) : The most positive equity analysts on Sina Corporation (SINA) expects the shares to touch $77, whereas, the least positive believes that the stock will trade at $55 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $66.33 with an expected fluctuation of $11.02 from the mean.
SINA Corporation has dropped 1.24% in the last five trading days, however, the shares have posted positive gains of 28.47% in the last 4 weeks. SINA Corporation is up 47.64% in the last 3-month period. Year-to-Date the stock performance stands at 43.22%. Sina Corporation (NASDAQ:SINA): stock turned positive on Tuesday. Though the stock opened at $70.62, the bulls momentum made the stock top out at $71.28 level for the day. The stock recorded a low of $69.71 and closed the trading day at $70.75, in the green by 0.08%. The total traded volume for the day was 996,645. The stock had closed at $70.69 in the previous days trading.
SINA Corporation is an online media company serving China and the global Chinese communities. The Company operates its business through three business segments: SINA Portal, Weibo and other businesses. Its digital media network of SINA.com, SINA mobile and Weibo enables Internet users to access media and users generated content (UGC) in multi-media formats from personal computers and mobile devices and share their interests with friends and acquaintances. SINA.com offers professional content on each of its region-specific Websites and a range of complementary offerings. Its mobile portal, SINA.cn, provides news information and entertainment content from SINA.com customized for mobile users in WAP (mobile browser) and mobile application format, such as SINA News, SINA Sports, SINA Finance, SINA Entertainment and SINA Blog. Weibo is a social media platform for people to create, distribute and discover Chinese-language content.