Let’s start up with the current stock price of NetEase Inc. (NTES), which is $113.96 to be very precise. The Stock rose vividly during the last session to $115.50 after opening rate of $114.02 while the lowest price it went was recorded $110.95 before closing at $111.56.Recently in News on November 22, 2021, CLOUD VILLAGE INC. Launches Hong Kong Initial Public Offering. Cloud Village Inc. (the “Company”), a leading interactive music streaming service provider in China, today announced the launch of its Hong Kong Public Offering, which forms part of the Global Offering (the “Offering”) of 16,000,000 new ordinary shares (the “Offer Shares” or “Shares”) and listing of its ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “SEHK”) under the stock code “9899.HK.”. You can read further details here
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 $134.33 on 02/11/21, with the lowest value was $77.97 for the same time period, recorded on 08/19/21.
NetEase Inc. (NTES) full year performance was 17.69%
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 -15.16% during the 52-week period from high price, and 46.15% 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 $77.97 and $134.33.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1187711 for the day, which was evidently lower, 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 16.49%, having the revenues showcasing 21.33% 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 72.84B, as it employees total of 28239 workers.
Market experts do have their say about NetEase Inc. (NTES)
During the last month, 30 analysts gave the NetEase Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 96.56, with a change in the price was noted +2.88. In a similar fashion, NetEase Inc. posted a movement of +2.63% for the period of last 100 days, recording 3,640,108 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 0.23 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of NetEase Inc. (NTES)
Raw Stochastic average of NetEase Inc. in the period of last 50 days is set at 85.55%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 73.28%. In the last 20 days, the company’s Stochastic %K was 72.99% and its Stochastic %D was recorded 77.73%.
Bearing in mind the latest performance of NetEase Inc., several 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 16.49%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -4.09%, alongside a boost of 17.69% for the period of the last 12 months. The shares increased approximately by 0.33% in the 7-day charts and went down by 8.86% in the period of the last 30 days. Common stock shares were driven by 21.33% during last recorded quarter.