Netflix Inc. (NFLX) Rises 1.46%

Netflix Inc. (NFLX) Rises 1.46%

Netflix Inc. is a Netflix’s primary business is a streaming video on demand service now available in almost every country worldwide except China.

Among the biggest risers on the S&P 500 on Friday March 19 was Netflix Inc. ($NFLX), popping some 1.46% to a price of $512.18 a share with some 4.17 million shares trading hands.

Starting the day trading at $504.96, Netflix Inc. reached an intraday high of $513.19 and hit intraday lows of $501.63. Shares gained $7.39 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 442.9 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $300.00 to $593.29.

Netflix’s primary business is a streaming video on demand service now available in almost every country worldwide except China. Netflix delivers original and third-party digital video content to PCs, Internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. In 2011, Netflix introduced DVD-only plans and separated the combined streaming and DVD plans, making it necessary for subscribers who want both to have separate plans.

Netflix Inc. has its corporate headquarters located in Los Gatos, CA and employs 9,400 people. Its market cap has now risen to $226.84 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 20.5, and P/FCF n/a.

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