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Netflix Stock Bullish Momentum With A 3.31% Jump So Far Today

ViaNews Editorial Team

December 1, 2020

Netflix Stock Bullish Momentum With A 3.31% Jump So Far Today
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Netflix has been somewhat immune to the crisis with its shares jumping 3.31% to $506.96 at 14:09 EST on Tuesday, following yesterday's downward trend. The Nasdaq Stock Market is jumping 1.47% to $12,377.60, following yesterday's downward trend, on what so far seems, an all-around positive trend trading session today.

Netflix's last close was $490.70, 13.49% below its 52-week high of $575.37.

Netflix's Sales

Netflix's sales growth is 20.7% for the ongoing 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.

Netflix's Revenue

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 $506.96 at 14:09 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 worth is higher than its 50-day moving average of $497.69 and above 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."

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.