Headlines about SINA (NASDAQ:SINA) have been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SINA earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.118687057498 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s rankings:
- BidaskClub Lowers SINA (SINA) to Sell (americanbankingnews.com)
- As Sina Corp (SINA) Market Value Rose, Alkeon Capital Management LLC Has Raised Position – NMSU Hеrаld (nmsuherald.com)
- New Research: Key Drivers of Growth for Oaktree Specialty Lending, Retail Opportunity Investments, WAVE Life Sciences, Siliconware Precision Industries, UNIVERSAL INSURANCE HOLDINGS INC, and Sina — Factors of Influence, Major Initiatives and Sustained Production (finance.yahoo.com)
- Research Analysts Offer Predictions for SINA Corp’s Q1 2018 Earnings (SINA) (americanbankingnews.com)
- Valuable Capital Group, Part Of SINA Corporation Group, And Saxo Bank Announce Partnership To Offer Global Investment Services (mondovisione.com)
SINA stock traded down $5.10 during trading on Thursday, reaching $112.42. 297,638 shares of the company traded hands, compared to its average volume of 951,786. SINA has a 1-year low of $68.33 and a 1-year high of $124.60. The stock has a market capitalization of $8,525.98, a PE ratio of 56.23 and a beta of 1.01. The company has a current ratio of 3.22, a quick ratio of 2.68 and a debt-to-equity ratio of 0.24.
SINA has been the topic of a number of recent research reports. BidaskClub lowered shares of SINA from a “hold” rating to a “sell” rating in a report on Saturday, December 2nd. JPMorgan Chase & Co. lifted their price target on shares of SINA from $175.00 to $179.00 and gave the stock an “overweight” rating in a report on Thursday, February 15th. Zacks Investment Research raised shares of SINA from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Jefferies Group reissued a “buy” rating and set a $175.00 target price on shares of SINA in a research note on Wednesday, January 24th. Finally, Benchmark lifted their price target on shares of SINA from $157.00 to $174.00 and gave the company a “buy” rating in a research note on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $139.00.
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SINA Company Profile
SINA Corporation, through its subsidiaries, operates as an online media company in the People's Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest-based channels.
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