Shares of Netflix rose 2.74% to $507.79 at 16:41 EST on Wednesday, after two successive sessions in a row of losses. NASDAQ Composite is rising 0.43% to $13,128.95, following last session’s upward trend, This seems, as yet, a somewhat positive trend exchanging session today.
Netflix’s last close was $494.25, 13.31% under its 52-week high of $575.37.
News about Netflix today
First Netflix diversity report shows gains for women, minorities. According to today’s article on Bloomberg Quint, “While Hollywood studios make movies and TV shows that affect how we all see the world, just about every major entertainment companyis led by White men, Netflix included. “, “While that remains the case at Netflix, women make up a larger share of itsglobal workforce than at Facebook Inc., Apple Inc. or Google parent Alphabet Inc. Netflix also has a higher percentage of Black and Hispanic employees than Google or Facebook. “
Netflix’s sales growth is 20.7% for the ongoing quarter and 21.2% 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 last day, last week, and last month’s average volatility was a negative 0.98%, a negative 1.06%, and a negative 0.07%, respectively.
Netflix’s last day, last week, and last month’s high and low average amplitude percentage was 3.16%, 2.43%, and 2.60%, respectively.
Netflix’s Stock Yearly Top and Bottom Value
Netflix’s stock is valued at $507.79 at 16:41 EST, way below its 52-week high of $575.37 and way higher than its 52-week low of $290.25.
Netflix’s Moving Average
Netflix’s value is under its 50-day moving average of $511.25 and higher than its 200-day moving average of $501.89.
Previous days news about Netflix
With movie theaters in limbo, Netflix plans its biggest year yet. According to Bloomberg Quint on Tuesday, 12 January, “Once a naughty word among filmmakers loyal to movie theaters, Netflix is now one of the few reliable studios in town. “