NetEase (NTES) Hits New Lifetime High Today

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.

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 $69.6 million.
  • NTES has traded 8,381 shares today.
  • NTES is trading at a new lifetime high.

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More details on NTES:

NetEase, Inc., through its subsidiaries, operates an interactive online community in the People's Republic of China. It provides Chinese language content and services through its online games, Internet portal, e-mail, and wireless value-added service businesses. The stock currently has a dividend yield of 1.1%. NTES has a PE ratio of 21.4. Currently there are 6 analysts that rate NetEase a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for NetEase has been 551,600 shares per day over the past 30 days. NetEase has a market cap of $16.3 billion and is part of the technology sector and internet industry. Shares are up 26.1% year-to-date as of the close of trading on Thursday.

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