Baidu Inc ADR (NASDAQ:BIDU) shares, rose in value, with the stock price down by -5.24% to the previous day’s close as strong demand from buyers drove the stock to $93.26.
Actively observing the price movement in the recent trading, the stock is buoying the session at $98.42, falling within a range of $93.15 and $95.59. The value of beta (5-year monthly) is 0.469 whereas the PE ratio is 9.97 over 12-month period. Referring to stock’s 52-week performance, its high was $116.25, and the low was $77.19. On the whole, BIDU has fluctuated by 5.67% over the past month.
With the market capitalization of Baidu Inc ADR currently standing at about $26.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-17.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 137.25B, with a low estimate of 30.54B and a high estimate of 32.79B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 31.12B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BIDU’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.43, with the price of BIDU currently trading nearly -1.38% and 2.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.85, while the 7-day volatility ratio is showing 2.60% which for the 30-day chart, stands at 3.45%. Furthermore, Baidu Inc ADR (BIDU)’s beta value is 0.30, and its average true range (ATR) is 3.81.
A comparison of Baidu Inc ADR (BIDU) with its peers suggests the former has fared considerably weaker in the market. BIDU showed an intraday change of -5.24% in today’s session so far, and over the past year, it shrunk by -10.03%%.
Data on historical trading for Baidu Inc ADR (NASDAQ:BIDU) indicates that the trading volumes over the past 10 days have averaged 6.37 and over the past 3 months, they’ve averaged 5.35 million. According to company’s latest data on outstanding shares, there are 279.91 million shares outstanding.
Nearly 0.00% of Baidu Inc ADR’s shares belong to company insiders and institutional investors own 25.28% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.16 million shares as on 2025-03-14, resulting in a short ratio of 1.15. The stock has risen by 10.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BIDU stock heading into the next quarter.
