Netflix Inc. (NFLX) concluded trading on Thursday at a closing price of $617.14, with 3.04 million shares of worth about $1.87 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 63.81% during that period and on April 4, 2024 the price saw a loss of about -2.05%. Currently the company’s common shares owned by public are about 432.76M shares, out of which, 428.60M shares are available for trading.
However, the stock later moved at a day high price of 615.30, or with a loss of -2.05%. Stock saw a price change of 0.59% in past 5 days and over the past one month there was a price change of 3.11%. Year-to-date (YTD), NFLX shares are showing a performance of 26.75% which increased to 77.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $315.62 but also hit the highest price of $634.39 during that period. The average intraday trading volume for Netflix Inc. shares is 4.46 million. The stock is currently trading 0.31% above its 20-day simple moving average (SMA20), while that difference is up 4.53% for SMA50 and it goes to 30.30% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Netflix Inc. (NASDAQ: NFLX) currently have 432.76M outstanding shares and institutions hold larger chunk of about 82.49% of that.
The stock has a current market capitalization of $267.07B and its 3Y-monthly beta is at 1.21. PE ratio of stock for trailing 12 months is 51.35, while it has posted earnings per share of $12.02 in the same period. Its PEG reads 2.08 and has Quick Ratio of 1.12 while making debt-to-equity ratio of 0.82. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NFLX, volatility over the week remained 2.39% while standing at 2.28% over the month.
Stock’s fiscal year EPS is expected to rise by 42.71% while it is estimated to increase by 23.42% in next year. EPS is likely to shrink at an annualized rate of 24.68% for next 5-years, compared to annual growth of 35.03% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on March 25, 2024 offering a Neutral rating for the stock and assigned a target price range of between $555 and $660 to it. Coverage by Jefferies stated Netflix Inc. (NFLX) stock as a Buy in their note to investors on March 12, 2024, suggesting a price target of $700 for the stock. Stock get a Buy rating from DZ Bank on January 25, 2024.
