Sina Corporation (SINA) : The money flow analysis of Sina Corporation (SINA) indicates a $1.37 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $2.21 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.61 and so was the total money flow at $0.84 million. The bulls lapped up $0 million worth of block trades on upticks. The money flow was $0 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Sina Corporation (SINA), pushing it down by -0.33% for the day. The stock slid $0.26 and traded at $77.47 during the day. Nonetheless, the stock is 1.08% over the previous weeks close.
SINA Corporation has dropped 0.1% in the last five trading days, however, the shares have posted positive gains of 3.12% in the last 4 weeks. SINA Corporation is up 50.83% in the last 3-month period. Year-to-Date the stock performance stands at 56.66%.
Sina Corporation (SINA) has an average broker rating of 1.4, which is interpreted as a Strong Buy, as rated by 5 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Sina Corporation (NASDAQ:SINA): stock was range-bound between the intraday low of $76.68 and the intraday high of $78.1 after having opened at $77.9 on Wednesdays session. The stock finally closed in the red at $77.9, a loss of -0.44%. The stock remained in the red for the whole trading day. The total traded volume was 714,565 shares. The stock failed to cross $78.1 in Wednesdays trading. The stocks closing price on Thursday was $77.73.
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.