NetEase Inc ADR’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $111.12 on 03/13/24 and a low of $75.85 for the same time frame on 09/10/24.
52-week price history of NTES Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. NetEase Inc ADR’s current trading price is -7.52% away from its 52-week high, while its distance from the 52-week low is 35.48%. The stock’s price range during the 52-week period has remained between $75.85 and $111.12. In the Communication Services sector, the company’s shares saw a trading volume of around 1.11 million for the day, which was evidently lower than the average daily volume of 1.27 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
NetEase Inc ADR (NTES) has experienced a quarterly rise of 15.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 63.96B and boasts a workforce of 29128 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 92.26, with a change in price of +14.35. Similarly, NetEase Inc ADR recorded 1,382,312 in trading volume during the last 100 days, posting a change of +16.11%.
Examining NTES’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NTES stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.00.
NTES Stock Stochastic Average
As of today, NetEase Inc ADR’s raw stochastic average for the last 50 days stands at 70.11%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 50.73%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 43.16% and 29.14%, respectively.
NTES Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The metric has seen a significant gain of 15.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 31.74%. Over the past 30 days, the price of NTES has fallen by 1.53%. And in the last five days, it has surged by 2.30%.