News headlines about SINA (NASDAQ:SINA) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. SINA earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.0391298855205 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- Sabic, Celanese in $387m Saudi plant expansion deal (tradearabia.com)
- Celanese’s Polyacetal Facility Comes Online in Saudi Arabia (finance.yahoo.com)
- Signal Watch: What’s Unfolding For Sina Corp (SINA)? – Clawson News (clawsonnews.com)
- Short Interest in SINA Corp (SINA) Expands By 41.9% (americanbankingnews.com)
SINA has been the topic of several recent research reports. BidaskClub cut shares of SINA from a “hold” rating to a “sell” rating in a report on Saturday, December 2nd. Benchmark increased their target price on shares of SINA from $142.00 to $157.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Finally, Zacks Investment Research cut shares of SINA from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $120.67.
SINA (NASDAQ SINA) traded up $2.63 during trading hours on Friday, hitting $112.41. 615,100 shares of the stock were exchanged, compared to its average volume of 946,390. SINA has a twelve month low of $64.31 and a twelve month high of $119.20. The company has a market cap of $8,040.00, a PE ratio of 63.87 and a beta of 0.99. The company has a quick ratio of 2.68, a current ratio of 2.68 and a debt-to-equity ratio of 0.04.
SINA (NASDAQ:SINA) last released its quarterly earnings results on Tuesday, November 7th. The technology company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.26. SINA had a net margin of 9.41% and a return on equity of 3.36%. The business had revenue of $440.50 million for the quarter, compared to analysts’ expectations of $404.71 million. During the same period last year, the business earned $0.56 EPS. The company’s revenue was up 60.2% compared to the same quarter last year. equities analysts expect that SINA will post 2.13 earnings per share for the current fiscal year.
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SINA Company Profile
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.
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