NetEase Inc ADR (NASDAQ: NTES) kicked off on Tuesday, up 1.53% from the previous trading day, before settling in for the closing price of $81.08. Over the past 52 weeks, NTES has traded in a range of $75.85-$118.89.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 14.00%. While this was happening, its average annual earnings per share was recorded -0.15%. With a float of $620.48 million, this company’s outstanding shares have now reached $642.16 million.
The extent of productivity of a business whose workforce counts for 29128 workers is very important to gauge. In terms of profitability, gross margin is 62.62%, operating margin of 27.21%, and the pretax margin is 32.1%.
NetEase Inc ADR (NTES) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Electronic Gaming & Multimedia Industry. The insider ownership of NetEase Inc ADR is 0.34%, while institutional ownership is 11.17%.
NetEase Inc ADR (NTES) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.85 earnings per share (EPS), higher than consensus estimate (set at 1.48) by 0.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.10% during the next five years compared to 36.53% growth over the previous five years of trading.
NetEase Inc ADR (NASDAQ: NTES) Trading Performance Indicators
Take a look at NetEase Inc ADR’s (NTES) current performance indicators. Last quarter, stock had a quick ratio of 3.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.47. Likewise, its price to free cash flow for the trailing twelve months is 10.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.14, a number that is poised to hit 1.72 in the next quarter and is forecasted to reach 7.64 in one year’s time.
Technical Analysis of NetEase Inc ADR (NTES)
The latest stats from [NetEase Inc ADR, NTES] show that its last 5-days average volume of 1.15 million was inferior to 1.75 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.99%. Additionally, its Average True Range was 2.79.
During the past 100 days, NetEase Inc ADR’s (NTES) raw stochastic average was set at 22.66%, which indicates a significant decrease from 36.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.03% in the past 14 days, which was lower than the 40.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $84.32, while its 200-day Moving Average is $94.15. Now, the first resistance to watch is $83.01. This is followed by the second major resistance level at $83.70. The third major resistance level sits at $84.19. If the price goes on to break the first support level at $81.82, it is likely to go to the next support level at $81.33. The third support level lies at $80.64 if the price breaches the second support level.
NetEase Inc ADR (NASDAQ: NTES) Key Stats
The company with the Market Capitalisation of 51.25 billion has total of 642,157K Shares Outstanding. Its annual sales at the moment are 14,573 M in contrast with the sum of 4,144 M annual income. Company’s last quarter sales were recorded 3,507 M and last quarter income was 930,170 K.
