Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant gain of 19.26% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 32.24%. Over the past 30 days, the price of NTES has fallen by 0.86%. And in the last five days, it has fallen by -0.48%.
The stock of NetEase Inc. (NTES) is currently priced at $86.62. In the last session, the stock climbed significantly, topping out at $84.075 after opening at $83.22. The day’s lowest price was $82.35 before the stock closed at $83.49.
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NetEase Inc. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $108.77 on 06/10/22, while the lowest price for the same duration was marked at $53.09 on 10/24/22.
52-week price history of NTES Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. NetEase Inc.’s current trading price is -20.36% away from its 52-week high, while its distance from the 52-week low is 63.16%. The stock’s price range during this time has been between $53.09 and $108.77. The trading volume for the Communication Services sector company’s shares reached about 0.94 million for the day, which was lower than the average daily volume of 1.24 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
NetEase Inc. (NTES) has experienced a quarterly rise of 10.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 53.61B and boasts a workforce of 31119 employees.
NetEase Inc.: Analysts’ Ratings Unveiled
As of right now, 32 analysts are rating NetEase Inc. as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 87.17, with a change in price of +14.38. Similarly, NetEase Inc. recorded 1,392,317 in trading volume during the last 100 days, posting a change of +19.80%.
NTES’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NTES stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.03.
NTES Stock Stochastic Average
Today, NetEase Inc.’s raw stochastic average for the past 50 days stands at 43.80%, indicating a decline from the raw stochastic average of the last 20 days, which was 59.46%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 24.57% and 29.21% respectively.