Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
NetEase Inc ADR (NASDAQ: NTES) closed the day trading at $101.42 down -2.64% from the previous closing price of $104.17. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 2.01 million shares were traded.
Ratios:
For a better understanding of NTES, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.83. For the most recent quarter (mrq), Quick Ratio is recorded 3.08 and its Current Ratio is at 3.09. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on January 08, 2025, Upgraded its rating to Overweight and sets its target price to $108 from $90 previously.
On June 13, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $104.
Morgan Stanley Downgraded its Overweight to Equal-Weight on May 23, 2024, while the target price for the stock was maintained at $100.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 18 ’24 when Leung Michael Man Kit bought 10,015 shares for $84.49 per share.
Valuation Measures:
As of this moment, NetEase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.83, and their Forward P/E ratio for the next fiscal year is 12.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.31 while its Price-to-Book (P/B) ratio in mrq is 3.35.
Stock Price History:
Over the past 52 weeks, NTES has reached a high of $114.50, while it has fallen to a 52-week low of $75.85. The 50-Day Moving Average of the stock is 3.80%, while the 200-Day Moving Average is calculated to be 11.44%.
Shares Statistics:
A total of 622.39M shares are outstanding, with a floating share count of 621.88M. Insiders hold about 0.08% of the company’s shares, while institutions hold 12.15% stake in the company.
