SINA Stock Hits New 52-Week Low (SINA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- SINA Corporation (Nasdaq: SINA) hit a new 52-week low Tuesday as it is currently trading at $43.10, below its previous 52-week low of $43.12 with 1.4 million shares traded as of 10:06 a.m. ET. Average volume has been 2.4 million shares over the past 30 days.

SINA has a market cap of $3.02 billion and is part of the technology sector and internet industry. Shares are down 12.6% year to date as of the close of trading on Monday.

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 hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full SINA Ratings Report.

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