NetEase, Inc. stock performance trend indicates that the stock price has rallied 30.33% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 21.07% . Looking at the past 52 week period, the stock price is up at 97.17% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of NetEase, Inc. has a positive value of 80.46 compared to overall market.NetEase, Inc. is having a Relative Strength Index of 59.71 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of NetEase, Inc. (NASDAQ:NTES) rallied by 0.73% during the past week but lost 1.93% on a 4-week basis. The company has outperformed the S&P 500 by 0.49% in the past week but underperformed the index by 3.05% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. NetEase, Inc. (NASDAQ:NTES) : On Friday heightened volatility was witnessed in NetEase, Inc. (NASDAQ:NTES) which led to swings in the share price. The stock opened for trading at $286.17 and hit $292 on the upside , eventually ending the session at $291.5, with a gain of 2.91% or 8.23 points. The heightened volatility saw the trading volume jump to 1,373,184 shares. The 52-week high of the share price is $308.6596 and the company has a market cap of $38,326 million. The 52-week low of the share price is at $130.82 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Standpoint Research on Feb 23, 2017 to Buy, Raises Price Target to $ 340 from a previous price target of $295 .NetEase Inc (ADR) was Initiated by Bernstein on Jan 11, 2017 to Underperform, Price Target of the shares are set at $200.NetEase Inc (ADR) was Upgraded by Standpoint Research to Buy on Jan 9, 2017. NetEase Inc (ADR) was Upgraded by CLSA to Buy on Jan 4, 2017.
NetEase Inc (ADR) Last issued its quarterly earnings results on Feb 15, 2017. The company reported $4.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.73. Analyst had a consensus of $3.57. The company had revenue of $1742.60 million for the quarter, compared to analysts expectations of $1545.70 million. The companys revenue was up 42.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.52 EPS.
NetEase, Inc. is an Internet technology company engaged in the development of applications, services and other technologies for the Internet in China. It provides online gaming services that include in-house developed massively multi-player online role-playing games and licensed titles. NetEase also provides online advertising, community services, entertainment content, free e-mail services and micro-blogging services. The Company also offers wireless value-added services such as news and information content, matchmaking services, music and photos from the web that are sent over SMS, MMS, WAP, IVR and Color Ring-back Tone technologies. NetEase, Inc., formerly known as NetEase.com, Inc., is based in Beijing, the Peoples Republic of China.