NEW YORK ( TheStreet) -- NetEase.com (Nasdaq: NTES) hit a new 52-week high Tuesday as it is currently trading at $54.69, above its previous 52-week high of $53.86 with 308,548 shares traded as of 9:42 a.m. ET. Average volume has been 968,500 shares over the past 30 days. NetEase.com has a market cap of $6.8 billion and is part of the technology sector and internet industry. Shares are up 48% 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 20.3, above the average internet industry P/E ratio of 20.2 and above the S&P 500 P/E ratio of 16.5.
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