Netflix Stock Treads Water Near $1124, Close to 52-Week High

Netflix Inc (NASDAQ: NFLX) shares showed minimal movement in Tuesday afternoon trading, holding steady around the $1,124.00 mark. As of 2:11 pm GMT-4 on April 30th, the streaming entertainment giant’s stock price was down slightly for the day.

The stock registered a minor decline of $1.64, equating to a 0.15% dip for the session so far. This places the current price just below the previous closing value of $1,125.64 USD. Tuesday’s trading for Netflix began at $1,112.65, dipped to a session low of $1,101.11, and reached an intraday high of $1,127.00. The chart indicates an initial drop followed by a recovery, with the price stabilizing near current levels later in the session.

This current trading level places Netflix very close to its recent peak performance. The stock’s 52 week high stands at $1,127.79, only slightly above the day’s high point achieved earlier. This contrasts sharply with its 52 week low of $544.25, highlighting significant gains over the past year for the company’s stock. Netflix currently trades with a Price to Earnings (P/E) ratio of 53.11 and, according to the provided data, does not offer a dividend yield to its shareholders.