Netflix (NFLX) Stock Shows Volatility, Trades Near $1,096 After Hitting 52-Week High
Shares of streaming giant Netflix Inc (NASDAQ: NFLX) experienced fluctuating movement in Thursday morning trading. As of 10:45 AM Eastern Time on April 25th, Netflix stock was trading at $1,096.00 USD.
This price represents a slight dip for the day, down $0.87, which translates to a decrease of 0.079 percent compared to the previous market close. Netflix shares ended the prior session at $1,096.87.
The trading session began with an opening price of $1,097.04. Notably, Netflix shares surged during the morning to reach a high of $1,106.80. This peak matches the stock’s reported 52-week high, indicating significant upward momentum earlier in the day. However, the price also pulled back, hitting an intraday low of $1,091.00. The day’s trading chart reflects this considerable volatility within a relatively tight range near the yearly peak.
Key financial data points for Netflix include a market capitalization listed as 46.84KCr. The company’s price-to-earnings (P/E) ratio is currently 51.79. According to the provided information, Netflix does not currently offer a dividend yield.
Placing the current $1,096.00 price in perspective, it sits at the very top end of its annual performance range. The 52-week low for Netflix stock is recorded at $544.25, while the 52-week high, achieved earlier today, stands at $1,106.80. Investors continue to watch NFLX shares closely as market activity progresses through the trading day.
