Asian markets took a beating last week. They finally began to stabilize on Friday, with the yuan currency of China starting to get a bit stronger after its huge devaluation earlier that week. Here is how three Chinese stocks are doing: 58.com Inc (ADR) (NYSE:WUBA), SINA Corp (NASDAQ:SINA), and Bitauto Hldg Ltd (ADR) (NYSE:BITA).
58.com Inc (ADR) (NYSE:WUBA) closed its US trading session at $50.55 a share. That price was down -0.98 points or 1.90% from its close the previous session. The performance for its year to date is at above last year by +21.66%. The stock has dipped -14.77% over the last month, with a three-month performance being down -37.21%. Its performance over six months was up +32.12%. For volatility of the stock, it was at 5.15% in one week and at 4.41% for one month.
For SINA Corp (NASDAQ:SINA), it closed at $39.07 a share for its price, which was down -0.22 points or -0.56% from its last close. As for the distance from its SMA 20, that was -5.26%. As of last close, the price for the stock was down -3.86% under its SMA 200, with the price it was trading at being as low was $38.65 a share. At present, the stock trades at -19.52% beneath its SMA 50. The volatility of the stock over one week was 4.49%. Meanwhile, its one-month volatility was 3.82%.
The third stock to analyze is Bitauto Hldg Ltd (ADR) (NYSE:BITA). It traded in last session (US) at a low -4.61%, with a closing price at $28.99. The share price ranged during that same session between $28.58 and $30.86. The market value for the company, currently, is $1.922 million. As of its recent close, the stock was -40.38% under its 50-day moving average and under its 52-week high by -70.50%. The 52-week low was $28.58 a share, while the high during that same period of weeks was $98.28. As of its closing price, it was a distance of -52.97% from its SMA 200 and -26.87% from its SMA 20.