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Can NetEase Inc. (NTES) Remain Competitive?

NetEase Inc. (NASDAQ:NTES) went down by -1.28% from its latest closing price compared to the recent 1-year high of $118.19. The company’s stock price has collected 0.94% of gains in the last five trading sessions. The Wall Street Journal reported on 04/11/22 that China Starts Approving Videogame Licenses Again

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 24.63 x from its present earnings ratio. Plus, the 36-month beta value for NTES is at 0.47. Opinions of the stock are interesting as 32 analysts out of 39 who provided ratings for NetEase Inc. declared the stock was a “buy,” while 7 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $839.22, which is $35.15 above the current price. NTES currently public float of 363.40M and currently shorts hold a 1.33% ratio of that float. Today, the average trading volume of NTES was 2.13M shares.

NTES’s Market Performance

NTES stocks went up by 0.94% for the week, with a monthly drop of -11.04% and a quarterly performance of -1.49%, while its annual performance rate touched -19.37%. The volatility ratio for the week stands at 2.85% while the volatility levels for the past 30 days are set at 3.54% for NetEase Inc. The simple moving average for the period of the last 20 days is -7.00% for NTES stocks with a simple moving average of -4.04% for the last 200 days.

Analysts’ Opinion of NTES

Many brokerage firms have already submitted their reports for NTES stocks, with JP Morgan repeating the rating for NTES by listing it as a “Overweight.” The predicted price for NTES in the upcoming period, according to JP Morgan is $120 based on the research report published on May 16th of the current year 2022.

Goldman, on the other hand, stated in their research note that they expect to see NTES reach a price target of $132. The rating they have provided for NTES stocks is “Buy” according to the report published on April 11th, 2022.

NTES Trading at -2.93% 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 -21.72% of loss for the given period.

Volatility was left at 3.54%, however, over the last 30 days, the volatility rate increased by 2.85%, as shares sank -10.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.03% lower at present.

During the last 5 trading sessions, NTES rose by +0.94%, which changed the moving average for the period of 200-days by +4.92% in comparison to the 20-day moving average, which settled at $98.93. In addition, NetEase Inc. saw -9.10% 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:

  • +18.74 for the present operating margin
  • +53.62 for the gross margin

The net margin for NetEase Inc. stands at +19.24. The total capital return value is set at 13.96, while invested capital returns managed to touch 18.72. Equity return is now at value 18.50, with 10.90 for asset returns.

Based on NetEase Inc. (NTES), the company’s capital structure generated 22.76 points at debt to equity in total, while total debt to capital is 18.54. Total debt to assets is 14.12, with long-term debt to equity ratio resting at 2.11. Finally, the long-term debt to capital ratio is 1.72.

When we switch over and look at the enterprise to sales, we see a ratio of 3.41, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 12.67 and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.24.

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