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NEW YORK (

TheStreet

) --

NetEase.com

(Nasdaq:

NTES

) hit a new 52-week high Thursday as it traded at $48.70 compared with its previous 52-Week high of $46.88. NetEase.com is changing hands at $47.12 with 308,366 shares traded as of 9:32 a.m. ET. Average volume has been 657,800 shares over the past 30 days.

NetEase.com has a market cap of $5.6 billion and is part of the

technology

sector and

internet

TheStreet Recommends

industry. Shares are up 18.6% year to date as of the close of trading on Wednesday.

NetEase.com, Inc., an Internet technology company, engages in the development of applications, services, and other technologies for the Internet in China. The company has a P/E ratio of 20.2, above the average internet industry P/E ratio of 12.7 and below the S&P 500 P/E ratio of 22.7.

TheStreet Ratings rates NetEase.com as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

NetEase.com Ratings Report

.

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