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. Until today this year the stock’s price performance recorded an increase of 15.07%. However, over the last six months, the performance has been weaker by 10.41%. The price of NTES increased 6.62% over the last 30 days. And in the last five days, it has surged by 14.41%.
NetEase Inc ADR’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $114.50 on 02/27/24, and the lowest price during that time was $75.85, recorded on 09/10/24.
52-week price history of NTES Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. NetEase Inc ADR’s current trading price is -10.35% away from its 52-week high, while its distance from the 52-week low is 35.33%. The stock’s price range for this period has been between $75.85 and $114.50. The Communication Services sector company’s shares saw a trading volume of about 1.33 million for the day, which was lower than the average daily volume of 1.35 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
NetEase Inc ADR (NTES) has experienced a quarterly rise of 20.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 63.89B and boasts a workforce of 29128 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 86.31, with a change in price of +10.01. Similarly, NetEase Inc ADR recorded 1,636,055 in trading volume during the last 100 days, posting a change of +10.81%.
NTES’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for NTES stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.00.
NTES Stock Stochastic Average
As of today, the raw stochastic average of NetEase Inc ADR over the past 50 days is 99.11%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 98.42%. Additionally, the Stochastic %K and %D values for the company were 88.70% and 69.14%, respectively, over the past 20 days.
