SINA Corp (NASDAQ:SINA), incorporated on July 9, 1997, is an online media company serving China and the global Chinese communities. Its digital media network of SINA.com (portal), SINA.cn (mobile portal) and Weibo.com (social media), enable Internet users to access professional media and user generated content (UGC) in multi-media formats from the Web and mobile devices and share their interests to friends and acquaintances. SINA Corp (NASDAQ:SINA) shares after opening at $66.02 moved to $66.11 on last trade day and at the end of the day closed at $64.59. Company price to sales ratio in past twelve months was calculated as 6.46 and price to cash ratio as 2.30. SINA Corp (NASDAQ:SINA) showed a negative weekly performance of -10.80%.
Equities research analysts at Credit Suisse initiated coverage on shares of Netease.com (NASDAQ:NTES) in a research note issued to investors on Wednesday, StockRatingsNetwork.com reports. The firm set a “neutral” rating and a $76.00 price target on the stock. Credit Suisse’s price objective suggests a potential upside of 11.26% from the company’s current price. NetEase, Inc. (ADR) (NASDAQ:NTES) shares fell -1.54% in last trading session and ended the day on $65.10. NetEase, Inc. (ADR) (NASDAQ:NTES) return on equity ratio is recorded as 24.10% and its return on assets is 19.70%. NetEase, Inc. (ADR) (NASDAQ:NTES) yearly performance is 25.31%.
Equinix (NASDAQ:EQIX) CEO Stephen M. Smith unloaded 2,943 shares of Equinix stock on the open market in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $188.29, for a total transaction of $554,137.47. Following the completion of the transaction, the chief executive officer now directly owns 34,440 shares of the company’s stock, valued at approximately $6,484,708. Equinix Inc. (NASDAQ:EQIX) shares moved up 0.76% in last trading session and was closed at $183.09, while trading in range of $180.31 – $183.42. Equinix Inc. (NASDAQ:EQIX) year to date (YTD) performance is 3.18%.
Coupons.com Inc. (NYSE:COUP) which delivers digital coupons and coupon codes to consumers, priced its initial public offering of 10.5 million shares at $16 per share and raised $168 million US. Coupons.Com Inc. (NYSE:COUP) weekly performance is -11.50%. On last trading day company shares ended up $26.55.