The stock of NetEase Inc ADR (NTES) has seen a -0.95% decrease in the past week, with a 2.63% gain in the past month, and a -2.94% decrease in the past quarter. The volatility ratio for the week is 1.38%, and the volatility levels for the past 30 days are at 1.90% for NTES. The simple moving average for the last 20 days is -1.40% for NTES stock, with a simple moving average of -8.46% for the last 200 days.
Is It Worth Investing in NetEase Inc ADR (NASDAQ: NTES) Right Now?
NetEase Inc ADR (NASDAQ: NTES) has a higher price-to-earnings ratio of 14.16x compared to its average ratio, The 36-month beta value for NTES is at 0.53. Analysts have varying views on the stock, with 13 analysts rating it as a “buy,” 6 rating it as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for NTES is 621.15M, and currently, shorts hold a 0.87% of that float. The average trading volume for NTES on July 23, 2024 was 1.64M shares.
NTES) stock’s latest price update
NetEase Inc ADR (NASDAQ: NTES)’s stock price has decreased by -1.49 compared to its previous closing price of 93.48. However, the company has seen a -0.95% decrease in its stock price over the last five trading sessions. 247wallst.com reported 2024-07-18 that
Analysts’ Opinion of NTES
Many brokerage firms have already submitted their reports for NTES stocks, with Barclays repeating the rating for NTES by listing it as a “Equal Weight.” The predicted price for NTES in the upcoming period, according to Barclays is $104 based on the research report published on June 13, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see NTES reach a price target of $100. The rating they have provided for NTES stocks is “Equal-Weight” according to the report published on May 23rd, 2024.
Morgan Stanley gave a rating of “Overweight” to NTES, setting the target price at $120 in the report published on April 12th of the current year.
NTES Trading at -2.17% 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 -22.55% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.38%, as shares surge +0.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.70% lower at present.
During the last 5 trading sessions, NTES fell by -1.16%, which changed the moving average for the period of 200-days by -7.34% in comparison to the 20-day moving average, which settled at $93.44. In addition, NetEase Inc ADR saw -1.15% 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:
- 0.27 for the present operating margin
- 0.62 for the gross margin
The net margin for NetEase Inc ADR stands at 0.29. The total capital return value is set at 0.21. Equity return is now at value 25.30, with 15.98 for asset returns.
Based on NetEase Inc ADR (NTES), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 1.54.
Currently, EBITDA for the company is 29.59 billion with net debt to EBITDA at -0.6. When we switch over and look at the enterprise to sales, we see a ratio of 3.8. The receivables turnover for the company is 13.55for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.53.
Conclusion
In conclusion, NetEase Inc ADR (NTES) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
