NetEase Inc ADR (NTES) soared 0.95 in the last month: It’s impossible to believe the numbers

On Tuesday, NetEase Inc ADR (NASDAQ: NTES) opened higher 0.95% from the last session, before settling in for the closing price of $85.40. Price fluctuations for NTES have ranged from $75.85 to $115.10 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

A company in the Communication Services sector has jumped its sales by 14.00% annually for the last half of the decade. Company’s average yearly earnings per share was noted -2.32% at the time writing. With a float of $622.36 million, this company’s outstanding shares have now reached $642.16 million.

In an organization with 29128 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 62.79%, operating margin of 27.09%, and the pretax margin is 31.37%.

NetEase Inc ADR (NTES) Insider Updates

A key investor’s attitude towards the stock of the Electronic Gaming & Multimedia industry is another important factor to consider. The insider ownership of NetEase Inc ADR is 0.01%, while institutional ownership is 12.59%. The most recent insider transaction that took place on Nov 18 ’24, was worth 846,167.

NetEase Inc ADR (NTES) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -2.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.22% 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

Check out the current performance indicators for NetEase Inc ADR (NTES). In the past quarter, the stock posted a quick ratio of 3.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.66. Likewise, its price to free cash flow for the trailing twelve months is 10.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.89, a number that is poised to hit 1.71 in the next quarter and is forecasted to reach 7.40 in one year’s time.

Technical Analysis of NetEase Inc ADR (NTES)

Let’s dig in a bit further. During the last 5-days, its volume was 1.53 million. That was inferior than the volume of 1.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.30%. Additionally, its Average True Range was 2.55.

During the past 100 days, NetEase Inc ADR’s (NTES) raw stochastic average was set at 36.29%, which indicates a significant decrease from 77.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.80% in the past 14 days, which was higher than the 44.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $85.10, while its 200-day Moving Average is $92.48. However, in the short run, NetEase Inc ADR’s stock first resistance to watch stands at $86.80. Second resistance stands at $87.40. The third major resistance level sits at $88.31. If the price goes on to break the first support level at $85.29, it is likely to go to the next support level at $84.38. Assuming the price breaks the second support level, the third support level stands at $83.78.

NetEase Inc ADR (NASDAQ: NTES) Key Stats

There are currently 642,157K shares outstanding in the company with a market cap of 53.66 billion. Presently, the company’s annual sales total 14,573 M according to its annual income of 4,144 M. Last quarter, the company’s sales amounted to 3,735 M and its income totaled 931,860 K.