NetEase.com ( NTES) pushed the Internet industry lower today making it today's featured Internet loser. The industry as a whole closed the day down 1.7%. By the end of trading, NetEase.com fell $1.46 (-3.1%) to $45.68 on light volume. Throughout the day, 566,027 shares of NetEase.com exchanged hands as compared to its average daily volume of 908,200 shares. The stock ranged in price between $45.60-$47.54 after having opened the day at $47.26 as compared to the previous trading day's close of $47.14. Other company's within the Internet industry that declined today were: Quepasa Corporation ( QPSA), down 12.8%, Vetro ( VTRO), down 10.5%, HomeAway ( AWAY), down 10.4%, and support.com ( SPRT), down 8.6%. NetEase.com, Inc., an Internet technology company, engages in the development of applications, services, and other technologies for the Internet in China. NetEase.com has a market cap of $6.07 billion and is part of the technology sector. The company has a P/E ratio of 15.9, below the average internet industry P/E ratio of 16.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 30.4% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate NetEase.com a buy, no analysts rate it a sell, and three rate it a hold. 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, notable return on equity, attractive valuation levels and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
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