Shares of NetEase slid 4.88% to $92.76 at 14:12 EST on Wednesday, following yesterday’s downward trend. The Nasdaq Stock Market is rising 0.04% to $11,895.20, after two consecutive sessions in a row of losses, on what so far seems, a somewhat positive trend exchanging session today.
NetEase’s last close was $87.34, 11.61% below its 52-week high of $103.53.
NetEase’s sales growth is 31.7% for the ongoing quarter and 31.1% for the next. The company’s growth estimates for the current quarter and the next is a negative 67.3% and a negative 3.5%, respectively.
NetEase’s stock is valued at $92.76 at 14:12 EST, way under its 52-week high of $103.53 and way above its 52-week low of $53.17.
NetEase’s value is above its 50-day moving average of $90.01 and above its 200-day moving average of $87.09.