The stock of NetEase Inc ADR (NTES) has gone up by 4.88% for the week, with a 14.40% rise in the past month and a 15.08% rise in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are 2.12% for NTES. The simple moving average for the last 20 days is 6.95% for NTES stock, with a simple moving average of -1.73% for the last 200 days.
Is It Worth Investing in NetEase Inc ADR (NASDAQ: NTES) Right Now?
The price-to-earnings ratio for NetEase Inc ADR (NASDAQ: NTES) is above average at 15.36x. The 36-month beta value for NTES is also noteworthy at 0.57. There are mixed opinions on the stock, with 24 analysts rating it as a “buy,” 5 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The public float for NTES is 622.34M, and at present, short sellers hold a 0.80% of that float. The average trading volume of NTES on December 04, 2024 was 1.71M shares.
NTES) stock’s latest price update
NetEase Inc ADR (NASDAQ: NTES)’s stock price has increased by 1.19 compared to its previous closing price of 89.36. However, the company has seen a 4.88% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-28 that NetEase’s strong game development, operational excellence, and growth opportunities make it a compelling investment despite recent revenue fluctuations. Successful Blizzard partnership revival and strong performance in self-developed games highlight NetEase’s resilience and growth potential. NetEase’s technical expertise, community-building, and AI integration in games showcase its market position and operational excellence.
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 5.26% 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 -21.03% of loss for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares surge +12.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.12% upper at present.
During the last 5 trading sessions, NTES rose by +5.05%, which changed the moving average for the period of 200-days by -15.87% in comparison to the 20-day moving average, which settled at $84.55. In addition, NetEase Inc ADR saw -2.94% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NTES starting from Leung Michael Man Kit, who proposed sale 10,015 shares at the price of $84.49 back on Nov 18 ’24. After this action, Leung Michael Man Kit now owns shares of NetEase Inc ADR, valued at $846,167 using the latest closing price.
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 0.26. The total capital return value is set at 0.21. Equity return is now at value 21.66, with 15.32 for asset returns.
Based on NetEase Inc ADR (NTES), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 3.49.
Currently, EBITDA for the company is 30.76 billion with net debt to EBITDA at -0.3. When we switch over and look at the enterprise to sales, we see a ratio of 3.81. The receivables turnover for the company is 17.12for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.08.
Conclusion
In summary, NetEase Inc ADR (NTES) has had a mixed 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.
