Baidu Inc ADR (BIDU) concluded trading on Thursday at a closing price of $87.02, with 3.29 million shares of worth about $285.99 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.24% during that period and on September 19, 2024 the price saw a gain of about 2.78%. Currently the company’s common shares owned by public are about 292.07M shares, out of which, 292.06M shares are available for trading.
Stock saw a price change of 3.51% in past 5 days and over the past one month there was a price change of -1.09%. Year-to-date (YTD), BIDU shares are showing a performance of -26.93% which decreased to -34.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $79.68 but also hit the highest price of $136.53 during that period. The average intraday trading volume for Baidu Inc ADR shares is 3.23 million. The stock is currently trading 3.46% above its 20-day simple moving average (SMA20), while that difference is down -0.06% for SMA50 and it goes to -13.00% lower than SMA200.
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Baidu Inc ADR (NASDAQ: BIDU) currently have 292.07M outstanding shares and institutions hold larger chunk of about 24.38% of that.
The stock has a current market capitalization of $25.42B and its 3Y-monthly beta is at 0.47. PE ratio of stock for trailing 12 months is 11.39, while it has posted earnings per share of $7.64 in the same period. Its PEG reads 1.65 and has Quick Ratio of 2.32 while making debt-to-equity ratio of 0.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BIDU, volatility over the week remained 1.59% while standing at 1.94% over the month.
Stock’s fiscal year EPS is expected to drop by -3.07% while it is estimated to increase by 3.88% in next year. EPS is likely to grow at an annualized rate of 6.88% for next 5-years, compared to annual growth of -8.12% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Bernstein on August 23, 2024 offering a Mkt perform rating for the stock and assigned a target price range of between $130 and $97 to it. Coverage by Jefferies stated Baidu Inc ADR (BIDU) stock as a Buy in their note to investors on July 15, 2024, suggesting a price target of $174 for the stock. On July 15, 2024, Citigroup Reiterated their recommendations, while on May 17, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $125. Stock get an Outperform rating from Macquarie on January 11, 2024.
