Shares of NetEase slid 4.26% to $93.37 at 12:05 EST on Wednesday, after four sequential sessions in a row of gains. The Nasdaq Stock Market is rising 0.14% to $12,053.40, after two consecutive sessions in a row of gains, on what at the moment seems, a somewhat positive trend trading session today.
NetEase’s last close was $97.52, 10.88% under its 52-week high of $103.53.
NetEase’s sales growth is 33.8% for the present quarter and 36.4% for the next. The company’s growth estimates for the current quarter is a negative 16.5% and positive 2% for the next.
NetEase’s stock is valued at $93.37 at 12:05 EST, below its 52-week high of $103.53 and way higher than its 52-week low of $53.17.
NetEase’s value is higher than its 50-day moving average of $88.90 and higher than its 200-day moving average of $89.12.