NEW YORK, NY / ACCESSWIRE / January 28, 2019 / U.S. equities closed higher on Friday as companies continue to report upbeat earnings and Trump and the Democrats agreed to reopen the government until Feb. 15. The Dow Jones Industrial Average climbed 0.75 percent to settle at 24,737.20, while the S&P 500 jumped 0.85 percent to close at 2,664.76. The Nasdaq advanced 1.29 percent to settle at 7,164.86.
The Market Wealth Report Initiates Coverage on:
SINA Corporation
https://marketwealthreport.com/report/SINA/
Sogou Inc.
https://marketwealthreport.com/report/SOGO/
SINA’s stock jumped 7.91% Friday, to close the day at $58.93. The stock recorded a trading volume of 1,052,474 shares, which was above its three months average volume of 753,860 shares. In the last year, SINA’s shares have traded in a range of 51.76 - 124.60. The share price has gained 13.85% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $57.69 is below its 200-day moving average of $66.32. Shares of the company are trading at a Price to Earnings ratio of 28.24. Shares of SINA have gained roughly 7.97 percent in the past month and are up 9.86 percent year-to-date.
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https://marketwealthreport.com/report/SINA/
On Friday, shares of Sogou recorded a trading volume of 1,447,753 shares, which was above the three months average volume of 1,269,673 shares. The stock ended the day 7.68% higher at $6.59. The share price has fallen 57.48% from its 52
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https://marketwealthreport.com/report/SOGO/
Our Actionable Research on SINA Corporation (NASDAQ
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SOURCE: Market Wealth Report