Having a price of $286.75, Netease.com (NASDAQ:NTES) traded 1.96% higher on the day. With the last close up -1.45% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.01% over the date range. Netease.com has recorded a 50-day average of $273.95 and a two hundred day average of $286.05. Volume of trade was down over the average, with 837,593 shares of NTES changing hands under the typical 1,324,210
CLSA has downgraded Netease.com (NASDAQ:NTES) from Buy to Outperform in a statement released on 05/22/2017.
Previously on 5/22/2017, Vetr Inc. reported on Netease.com (NASDAQ:NTES) increased the target price from $0.00 to $318.49 that suggested an upside of 0.11%.
Performance Chart
With a market capitalization of $0, Netease.com has 52 week low of $211.11 and a 52 week high of $337.55 .
In addition to CLSA reporting its target price, a total of 19 equity analysts have released a ratings update on NTES. The one year target is $176.08 with 6 firms rating the stock a strong buy, eight analysts rating the company a buy, three brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Netease.com (NASDAQ:NTES)
NetEase, Inc. (NetEase) is a technology company. The Company operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. The Company operates through three segments: Online Game Services; Advertising Services, and E-mail, E-commerce and Others. Its online games business primarily focuses on offering personal computer (PC)-client massively multi-player online role-playing games (PC-client MMORPGs), as well as mobile games to the Chinese market. The NetEase Websites provide Internet users with Chinese language online services centered over three core service categories, which include content, community and communication. Its online advertising offerings include banner advertising, direct e-mail, sponsored special events, games, contests and other activities. It offers free and fee-based premium e-mail services to its individual users and corporate users.
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