Shares of Netflix, Inc. (NFLX) hit a new all-time high in early trading Wednesday, surpassing their previous high of $121.15 set on August 4, 2015. That’s a 186.80% rise, or $84.21 per share, from the 52-week low of $45.08 set in December 17, 2014. The stock went as high as $129.29 intraday, pushing its market cap above $55 billion, before dipping back down. Shares of Netflix are currently trading at $125 a share, printing a one-year return of 100.63%, outperforming the S&P 500 index by 91.53%. The average volume of shares traded over the last three months is roughly 18.4 million.
On valuation measures, Netflix Inc. shares are currently priced at 279.46x this year’s forecasted earnings, which makes them quite expensive compared to the industry’s 18.26x earnings multiple. Ticker has a forward P/E of 415.23 and t-12 price-to-sales ratio of 8.44. EPS for the same period is $0.45.
In terms of share statistics, Netflix has a total of 60.62 million shares outstanding with 1.92% held by insiders and 88.20% held by institutions. The stock’s short interest currently stands at 6.50%, bringing the total number of shares sold short to 26.76 million.
Netflix shares have climbed 148.25 percent since the beginning of the year.
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