NEW YORK ( TheStreet) -- NetEase.com (Nasdaq: NTES) hit a new 52-week high Tuesday as it traded at $52.69 compared with its previous 52-Week high of $52.09. NetEase.com is changing hands at $51.83 with 565,031 shares traded as of 12:16 p.m. ET. Average volume has been 915,700 shares over the past 30 days.

NetEase.com has a market cap of $6.6 billion and is part of the technology sector and internet industry. Shares are up 43% year to date as of the close of trading on Monday.

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 19.5, above the average internet industry P/E ratio of 19.3 and above the S&P 500 P/E ratio of 16.8.
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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 NetEase.com Ratings Report.

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