NEW YORK (
) hit a new 52-week low Monday as it is currently trading at $60.35, below its previous 52-week low of $61.20 with 3.6 million shares traded as of 10:20 a.m. ET. Average volume has been 6.1 million shares over the past 30 days.
SINA has a market cap of $4.18 billion and is part of the
industry. Shares are down 8.2% year to date as of the close of trading on Friday.
SINA Corporation provides online media and mobile value-added services (MVAS) in the People's Republic of China. It provides advertising, non-advertising, and free services through SINA.com, Weibo.com, and SINA Mobile.
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TheStreet Ratings rates SINA as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. 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
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