NEW YORK (
) hit a new 52-week high Monday as it traded at $48.78 compared with its previous 52-Week high of $48.70. NetEase.com is changing hands at $48.70 with 636,687 shares traded as of 11:41 a.m. ET. Average volume has been 864,000 shares over the past 30 days.
NetEase.com has a market cap of $6 billion and is part of the
industry. Shares are up 31.4% year to date as of the close of trading on Friday.
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 17.9, above the average internet industry P/E ratio of 17.8 and above the S&P 500 P/E ratio of 16.2.
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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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. 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
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