NEW YORK (

TheStreet

) --

SINA Corporation

(Nasdaq:

SINA

) hit a new 52-week high Thursday as it traded at $100.41 compared with its previous 52-Week high of $98.98. SINA is changing hands at $100.21 with 87,986 shares traded as of 9:32 a.m. ET. Average volume has been three million shares over the past 30 days.

SINA has a market cap of $5.8 billion and is part of the

technology

sector and

internet

industry. Shares are up 43.3% year to date as of the close of trading on Wednesday.

SINA Corporation provides online media and mobile value-added services in the People's Republic of China. The company has a P/E ratio of 54.7, above the S&P 500 P/E ratio of 16.

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TheStreet Ratings rates SINA as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full

SINA Ratings Report

.

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