NetEase Inc. (NASDAQ:NTES) went down by -4.15% from its latest closing price compared to the recent 1-year high of $134.33. The company’s stock price has collected -11.71% of loss in the last five trading sessions. Barron’s reported on 09/09/21 that Dow and S&P 500 Finish Down for 4th Straight Day
Is It Worth Investing in NetEase Inc. (NASDAQ :NTES) Right Now?
NetEase Inc. (NASDAQ:NTES) scored a price-to-earnings ratio above its average ratio, recording 31.06 x from its present earnings ratio. Plus, the 36-month beta value for NTES is at 0.45. Opinions of the stock are interesting as 28 analysts out of 35 who provided ratings for NetEase Inc. declared the stock was a “buy,” while 4 rated the stock as “overweight,” 2 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $799.19. NTES currently public float of 361.88M and currently shorts hold a 2.08% ratio of that float. Today, the average trading volume of NTES was 3.45M shares.
NTES’s Market Performance
NTES stocks went down by -11.71% for the week, with a monthly drop of -5.73% and a quarterly performance of -23.94%, while its annual performance rate touched -9.21%. The volatility ratio for the week stands at 4.24% while the volatility levels for the past 30 days are set at 3.70% for NetEase Inc.. The simple moving average for the period of the last 20 days is -5.56% for NTES stocks with a simple moving average of -19.80% for the last 200 days.
Analysts’ Opinion of NTES
Many brokerage firms have already submitted their reports for NTES stocks, with China Renaissance repeating the rating for NTES by listing it as a “Buy.” The predicted price for NTES in the upcoming period, according to China Renaissance is $129 based on the research report published on July 13th of the current year 2021.
NTES Trading at -12.94% from the 50-Day Moving Average
After a stumble in the market that brought NTES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.08% of loss for the given period.
Volatility was left at 3.70%, however, over the last 30 days, the volatility rate increased by 4.24%, as shares sank -0.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.41% lower at present.
During the last 5 trading sessions, NTES fell by -11.71%, which changed the moving average for the period of 200-days by -9.89% in comparison to the 20-day moving average, which settled at $89.46. In addition, NetEase Inc. saw -11.75% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NTES
Current profitability levels for the company are sitting at:
- +19.74 for the present operating margin
- +52.92 for the gross margin
The net margin for NetEase Inc. stands at +16.37. The total capital return value is set at 13.82, while invested capital returns managed to touch 16.23. Equity return is now at value 14.10, with 8.10 for asset returns.
Based on NetEase Inc. (NTES), the company’s capital structure generated 24.73 points at debt to equity in total, while total debt to capital is 19.83. Total debt to assets is 14.32, with long-term debt to equity ratio resting at 0.58. Finally, the long-term debt to capital ratio is 0.46.
When we switch over and look at the enterprise to sales, we see a ratio of 5.05, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 12.44 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.31.