SINA Corporation (SINA) in Focus: Stock Adds 6.7% in Session - Tale of the Tape

By Zacks Equity Research,

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SINA Corporation ( SINA ) was a big mover last session, as its shares rose nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the downtrend for the company, as the stock is now down almost 15%.

In the last 30-day frame, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

SINA currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Other better-ranked Internet content stocks include Global Eagle Entertainment Inc. ( ENT ), Taomee Holdings Ltd. ( TAOM ) and China Distance Education Holdings Limited ( DL ). While Global Eagle and Taomee sport a Zacks Rank #1 (Strong Buy), China Distance Education carries a Zacks Rank #2 (Buy).

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CHINA DISTANCE (DL): Free Stock Analysis Report

GLOBAL EAGL ENT (ENT): Free Stock Analysis Report

SINA CORP (SINA): Free Stock Analysis Report

TAOMEE HOLDINGS (TAOM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: DL , ENT , SINA , TAOM

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