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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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 attractive 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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