New Lifetime High Today: NetEase (NTES)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified NetEase ( NTES) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified NetEase as such a stock due to the following factors:

  • NTES has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $38.1 million.
  • NTES has traded 6,954 shares today.
  • NTES is trading at a new lifetime high.

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More details on NTES:

NetEase, Inc., through its subsidiaries, operates in online games, Internet portal, and e-mail and wireless value-added services businesses in the People's Republic of China. The company operates in three segments: Online Game Services; Advertising Services; and E-mail, E-Commerce and Others. The stock currently has a dividend yield of 2.1%. NTES has a PE ratio of 18.9. Currently there are 6 analysts that rate NetEase a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for NetEase has been 466,900 shares per day over the past 30 days. NetEase has a market cap of $10.9 billion and is part of the technology sector and internet industry. Shares are up 7% year-to-date as of the close of trading on Thursday.

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