Sina Corporation (SINA) Shares are Down -3.67%

Sina Corporation (SINA) : During the past 4 weeks, traders have been relatively bearish on Sina Corporation (SINA), hence the stock is down -9.34% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.83% relative to the S&P 500. The 4-week change in the price of the stock is -9.83% and the stock has fallen -3.67% in the past 1 week.

The stock has recorded a 20-day Moving Average of 4.81% and the 50-Day Moving Average is 5.97%.The 200 Day SMA reached 37.95%

Sina

Sina Corporation (NASDAQ:SINA): The stock opened in the green at $76.29 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $76.91 and a low of $73.61 for the day. The stock did not find buyers even at the lows and closed at $73.83 recording a loss of -2.83%. 1,904,994 shares exchanged hands during the trading day. The stock had closed at $73.83 in the previous days trading.

Sina Corporation (SINA) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $100 and the lowest price target forecast is $67. The average forecast of all the analysts is $83 and the expected standard deviation is $15.17.

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.

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