The price-to-earnings ratio for NetEase Inc ADR (NASDAQ: NTES) is above average at 13.02x. The 36-month beta value for NTES is also noteworthy at 0.54. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 6 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
The public float for NTES is 620.48M, and at present, short sellers hold a 0.62% of that float. The average trading volume of NTES on October 23, 2024 was 1.90M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
NTES) stock’s latest price update
NetEase Inc ADR (NASDAQ: NTES)’s stock price has plunge by -1.38relation to previous closing price of 81.04. Nevertheless, the company has seen a -2.37% plunge in its stock price over the last five trading sessions. benzinga.com reported 2024-10-09 that U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.
NTES’s Market Performance
NTES’s stock has fallen by -2.37% in the past week, with a monthly drop of -8.12% and a quarterly drop of -16.27%. The volatility ratio for the week is 1.86% while the volatility levels for the last 30 days are 3.01% for NetEase Inc ADR The simple moving average for the last 20 days is -10.99% for NTES stock, with a simple moving average of -15.28% for the last 200 days.
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 -6.07% 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 -32.78% of loss for the given period.
Volatility was left at 3.01%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares sank -7.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.51% lower at present.
During the last 5 trading sessions, NTES fell by -2.19%, which changed the moving average for the period of 200-days by -11.14% in comparison to the 20-day moving average, which settled at $89.79. In addition, NetEase Inc ADR saw -14.21% 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
- 0.63 for the gross margin
The net margin for NetEase Inc ADR stands at 0.27. The total capital return value is set at 0.21. Equity return is now at value 23.63, with 16.49 for asset returns.
Based on NetEase Inc ADR (NTES), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 2.77.
Currently, EBITDA for the company is 29.59 billion with net debt to EBITDA at -0.17. When we switch over and look at the enterprise to sales, we see a ratio of 3.27. The receivables turnover for the company is 16.77for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.01.
Conclusion
In summary, NetEase Inc ADR (NTES) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
