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NetEase Stock Bullish Momentum With A 4.81% Rise On Friday

Via News Editorial Team

November 20, 2020

NetEase Stock Bullish Momentum With A 4.81% Rise On Friday
Shares of NetEase jumped 4.81% to $93.51 on Friday, after one successive sessions in a rows of gains. The Nasdaq Stock Market is dropping 0.14% to $11887.9 on negative trend trading session on The Nasdaq Stock Market. NetEase's last close was $89.22, under its 52-week high of $103.53. NetEase's sales growth is 32.9% for the present quarter and 38.3% for the next. The company's growth estimates for the current quarter is a negative 2.4% and positive 7.1% for the next. NetEase's stock is valued at $93.51 at 16:05 EST, below its 52-week high of $103.53 and way above its 52-week low of $53.17. NetEase's worth is above its 50-day moving average of $88.53 and higher than its 200-day moving average of $88.26.