At the end of the latest market close, NetEase Inc. (NTES) was valued at $91.61. In that particular session, Stock kicked-off at the price of $91.014 while reaching the peak value of $91.56 and lowest value recorded on the day was $88.59. The stock current value is $89.01.
Recently in News on December 4, 2020, E-Sports, Streaming and Fintech: CEOs of NetEase, Peak Fintech, ESE Entertainment and Sea Limited, Driving New Global Revenue Growth Opportunities. Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: NetEase (NASDAQ: NTES), Peak Fintech Group (OTC:PKKFF) (CSE: PKK) Sea Limited (NYSE: SE) and ESE Entertainment (TSX.V: ESE) (OTC: ENTEF). You can read further details here
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NetEase Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $103.53 on 08/26/20, with the lowest value was $53.17 for the same time period, recorded on 03/18/20.
NetEase Inc. (NTES) full year performance was 43.92%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, NetEase Inc. shares are logging -14.02% during the 52-week period from high price, and 67.40% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $53.17 and $103.53.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 2580097 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the NetEase Inc. (NTES) recorded performance in the market was 45.14%, having the revenues showcasing -3.15% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 61.82B, as it employees total of 20797 workers.
The Analysts eye on NetEase Inc. (NTES)
During the last month, 30 analysts gave the NetEase Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 91.97, with a change in the price was noted -5.17. In a similar fashion, NetEase Inc. posted a movement of -5.49% for the period of last 100 days, recording 2,512,035 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NTES is recording 0.26 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical rundown of NetEase Inc. (NTES)
Raw Stochastic average of NetEase Inc. in the period of last 50 days is set at 39.30%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 30.55%. In the last 20 days, the company’s Stochastic %K was 37.94% and its Stochastic %D was recorded 32.16%.
Considering, the past performance of NetEase Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 45.14%. Additionally, trading for the stock in the period of the last six months notably improved by 8.17%, alongside a boost of 43.92% for the period of the last 12 months. The shares 1.00% in the 7-day charts and went down by 1.33% in the period of the last 30 days. Common stock shares were lifted by -3.15% during last recorded quarter.