A Few Bright Spots In Baidu Inc ADR (NASDAQ: BIDU)

Baidu Inc ADR (NASDAQ:BIDU) currently has a daily average trading volume of 4.01M but it saw 3757423 shares traded in last market. With a market cap of 24.77B USD, the company’s current market price of $84.82 came rising about 1.57 while comparing to the previous closing price of $83.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $126.23 and as low as $78.95. In the recent trading on the day, stock has struck highest price mark of $84.41 while lowest mark touched by it was $85.59.

Taking a look at 20-day trading activity of Baidu Inc ADR (BIDU) gives us an average price of $86.72, while its current price level is -32.81% below from 52-week high level whereas it is 7.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $93.64 while that of 200 days or SMA-200 reads an average of $95.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.46% during that period while stretching the period over a month that decreases to 1.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.60 which implies that the stock is in neutral territory.

Susquehanna downgraded its recommendation for the stock as a “Neutral” from “Positive” on November 25, 2024 while assigning a price target range of $105-$85. China Renaissance also issued its recommendations for the stock as it downgraded the price target for the stock is $86.

Over the week, BIDU’s stock price is moving -2.22% down while it is -9.37% when we observe its performance for the past one month. Year-to-date it is -28.78% down and over the past year, the stock is showing a downside performance of -29.10%.

Currently, Baidu Inc ADR’s total number of outstanding shares is 292.07M. Company’s return on investment (ROI) stands at 6.34% and return on equity (ROE) at 8.09%. It has a price to earnings ratio (P/E ratio) of 10.46 while having a 8.25 of forward P/E ratio. Stock’s beta reads 0.46. Stock has a price to book (P/B) ratio of 0.83 while price to sale or P/S ratio amounts to 1.33. Its return on asset (ROA) is 4.91% on average.