Zacks Investment Research downgraded SINA Corp (NASDAQ:SINA) to Hold in a report released today.
- Updated: November 28, 2016
Yesterday SINA Corp (NASDAQ:SINA) traded 3.10% higher at $79.51. The company’s 50-day moving average is $73.29 and its 200-day moving average is $64.02. The last closing price is up 24.77% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 2,137,689 shares of the stock were exchanged, up from an average trading volume of 1,368,380
Zacks Investment Research has downgraded SINA Corp (NASDAQ:SINA) to Hold in a report released on 11/28/2016.
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SINA Corp has a 52 week low of $39.58 and a 52 week high of $85.24 with a P/E ratio of 27.32 The company’s market cap is currently $0.
General Information About SINA Corp (NASDAQ:SINA)
Sina Corporation is an online media company serving China and the global Chinese communities. The Company's digital media network of SINA.com (portal), SINA mobile (mobile portal and mobile applications) and Weibo (social media) enables Internet users to access professional media and user generated content (UGCs) in multi-media formats from personal computers and mobile devices, and share their interests with friends and acquaintances. The Company's segments include Portal advertising, Weibo Corporation (Weibo) and Others. SINA.com is an online media property, which provides professional digital contents to users and offers online brand advertising and marketing solutions to customers. Weibo is a social media platform for people to create, distribute and discover Chinese-language content. It offers eReading, a shop for book reviews, as well as complimentary and fee-based online book reading. It offers SINA Blog, a Website in China for bloggers to publish and read original writings.
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