SINA Corporation (NASDAQ:SINA) intends to posts result on which stocks sounded a bearish note for the results, warning that further losses may lie in advance for the reason that of surged investment into its microblogging platform Weibo, China’s version of Twitter.
China’s biggest Internet portal and media website reported a Q1 loss that was smaller than Wall Street had anticipated after advertising revenue climbed 9% despite a weak domestic market, propelling its shares 7% higher in after-hours trade.
Turning towards the investors who viewing CTAS against Baidu.com, Inc. (ADR) (NASDAQ:BIDU) rose +1.67%, Renren Inc (NYSE:RENN) moved up +6.38%, Sohu.com Inc. (NASDAQ:SOHU) slid -1.68%, E Commerce China Dangdang Inc (ADR) (NYSE:DANG) edged up +9.47%, Youku Inc (ADR) (NYSE:YOKU) which decreased -1.23% and Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) slipped -1.10%.
SINA Corporation (USA) (NASDAQ:SINA) stock reports on May 15, 2012 decreased -1.09% to the closing price of $51.68. Its fifty two week range was $46.86-$128.17. The total market capitalization remained $3.41 billion.
The overall volume in the last trading session was 3.59 million shares. In its share capital SINA has 66.26 million outstanding shares among them 60.52 million shares have been floated in market exchange. SINA stock institutional ownership remained 86.30% while insider ownership included 8.69%.
SINA is ahead its 52 week low with 10.29% and lagging behind from its 52 week high price with -59.68%. SINA last month stock price volatility remained 4.04%. The stock price of SINA is moving down from its 20 days moving average with -9.83% and remote positively from 50 days moving average with -19.07%.
SINA current year earnings per share experienced a decline with -1387.27% while its current quarter performance remained -24.13%. Company’s beta coefficient included 1.46. Beta factors measures the amount of market risk associated with market trade.
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