Netflix has been somewhat immune to the crisis with its shares rising 2.83% to $504.58 at 15:07 EST on Tuesday, following yesterday’s downward trend. The Nasdaq Stock Market is rising 1.55% to $12,388.10, following yesterday’s downward trend, on what as yet seems, an all-around positive trend trading session today.
Netflix’s last close was $490.70, 14.03% below its 52-week high of $575.37.
Netflix’s sales growth is 20.7% for the current quarter and 20.9% for the next. The company’s growth estimates for the current quarter and the next is 6.2% and 32.5%, respectively.
Year-on-year quarterly revenue growth grew by 22.7%, now sitting on 23.82B for the twelve trailing months.
Netflix’s Stock Top and Bottom Yearly Value
Netflix’s stock is valued at $504.58 at 15:07 EST, way under its 52-week high of $575.37 and way higher than its 52-week low of $290.25.
Netflix’s Moving Average
Netflix’s worth is higher than its 50-day moving average of $497.69 and higher than its 200-day moving average of $485.01.
Previous days news about Netflix
According to yesterday’s article on Bloomberg Quint, “Netflix-, Amazon-Style Services in Focus in Canada Tax Proposal.”