Baidu Inc ADR (BIDU) Down -16.13% From Its 52-Week High, But Growth Potential Is Changing Over Time

Baidu Inc ADR (NASDAQ:BIDU) currently has a daily average trading volume of 5.25M but it saw 5090118 shares traded in last market. With a market cap of 27.29B USD, the company’s current market price of $97.50 came rising about 2.22 while comparing to the previous closing price of $95.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $116.25 and as low as $77.19. In the recent trading on the day, stock has struck highest price mark of $95.7 while lowest mark touched by it was $99.23.

Taking a look at 20-day trading activity of Baidu Inc ADR (BIDU) gives us an average price of $93.72, while its current price level is -16.13% below from 52-week high level whereas it is 26.30% 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 $90.66 while that of 200 days or SMA-200 reads an average of $89.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.58% during that period while stretching the period over a month that increases to 3.50%. 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 56.53 which implies that the stock is in neutral territory.

Over the week, BIDU’s stock price is moving -0.75% down while it is 9.53% when we observe its performance for the past one month. Year-to-date it is 15.64% up and over the past year, the stock is showing a downside performance of -4.58%.

Currently, Baidu Inc ADR’s total number of outstanding shares is 279.91M. Company’s return on investment (ROI) stands at 7.52% and return on equity (ROE) at 9.37%. It has a price to earnings ratio (P/E ratio) of 10.43 while having a 8.74 of forward P/E ratio. Stock’s beta reads 0.33. Stock has a price to book (P/B) ratio of 0.96 while price to sale or P/S ratio amounts to 1.48. Its return on asset (ROA) is 5.70% on average.