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SINA Corp (NASDAQ:SINA) was the target of some unusual options trading on Thursday. Stock traders acquired 19,771 call options on the stock, AnalystRatings.Net reports. This is an increase of 279% compared to the average volume of 5,218 call options.

Several analysts have recently commented on the stock. Analysts at T.H. Capital downgraded shares of SINA Corp to a “hold” rating in a research note on Monday. Separately, analysts at TH Capital downgraded shares of SINA Corp from a “buy” rating to a “hold” rating in a research note on Monday. They now have a $75.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of SINA Corp in a research note on Thursday, July 24th. They now have a $52.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $78.33.

Shares of SINA Corp (NASDAQ:SINA) traded down 0.38% during mid-day trading on Thursday, hitting $47.82. 2,463,688 shares of the company’s stock traded hands. SINA Corp has a 52-week low of $42.40 and a 52-week high of $92.83. The stock’s 50-day moving average is $48.18 and its 200-day moving average is $54.8. The company has a market cap of $3.158 billion and a price-to-earnings ratio of 138.73.

SINA Corp (NASDAQ:SINA) last announced its earnings results on Thursday, August 14th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.08 by $0.09. The company had revenue of $187.00 million for the quarter, compared to the consensus estimate of $180.03 million. On average, analysts predict that SINA Corp will post $0.81 earnings per share for the current fiscal year.

SINA Corporation (NASDAQ:SINA), incorporated on July 9, 1997, is an online media company serving China and the global Chinese communities.

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