Media coverage about Sina (NASDAQ:SINA) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sina earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.0044221422021 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news articles that may have impacted Accern’s analysis:

Several research firms recently weighed in on SINA. BidaskClub downgraded Sina from a “hold” rating to a “sell” rating in a research report on Saturday. Zacks Investment Research downgraded Sina from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. Benchmark lifted their target price on Sina from $142.00 to $157.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Jefferies Group reiterated a “buy” rating on shares of Sina in a research report on Friday, August 11th. Finally, Bank of America reiterated a “buy” rating and set a $119.00 target price (up from $112.00) on shares of Sina in a research report on Thursday, August 10th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $115.57.

Shares of Sina (NASDAQ SINA) traded up $1.21 during trading on Monday, hitting $97.00. The stock had a trading volume of 1,808,186 shares, compared to its average volume of 1,090,765. Sina has a fifty-two week low of $60.46 and a fifty-two week high of $119.20. The stock has a market capitalization of $7,000.00, a P/E ratio of 65.61 and a beta of 0.98. 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 announced its quarterly earnings data on Tuesday, November 7th. The technology company reported $0.77 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.26. Sina had a return on equity of 3.36% and a net margin of 9.41%. The business had revenue of $440.50 million for the quarter, compared to the consensus estimate of $404.71 million. During the same period in the previous year, the business earned $0.56 earnings per share. The business’s revenue was up 60.2% on a year-over-year basis. analysts forecast that Sina will post 2.13 earnings per share for the current year.

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About Sina

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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