NetEase traded at $122.99 this Monday August 24th, decreasing $5.12 or 4.00 percent since the previous trading session. Looking back, over the last four weeks, NetEase lost 0.66 percent. Over the last 12 months, its price fell by 9.35 percent. Looking ahead, we forecast NetEase to be priced at 124.98 by the end of this quarter and at 116.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
NetEase Inc is a technology company. The Company operates three business segments. The Online Game Service segment is engaged in developing and operating online game services that cover mobile games and personal computer (PC) games. The games include Westward Journey, Onmyoji series and so on. The Youdao segment provides intelligent learning services. Its products and services include Youdao Premium Courses, Youdao Dictionary and Youdao Dictionary Pen. The Innovative Businesses and Others segment provides products Netease Cloud Music, Netease Mail, Netease News and other products. The Company conducts its businesses both in domestic and international markets, including Japan, the United States, Europe and Southeast Asia.