Baidu Inc ADR (BIDU) average volume reaches $3.51M: Is Wall Street expecting a rally?

On Monday, Baidu Inc ADR (NASDAQ: BIDU) was 1.37% up from the session before settling in for the closing price of $88.96. A 52-week range for BIDU has been $79.68 – $151.00.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Communication Services Sector giant saw their annual sales surged by 4.68% over the last five years. When this article was written, the company’s average yearly earnings per share was at -2.35%. With a float of $292.05 million, this company’s outstanding shares have now reached $292.07 million.

The firm has a total of 39800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 51.86%, operating margin of 16.57%, and the pretax margin is 18.04%.

Baidu Inc ADR (BIDU) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Baidu Inc ADR stocks. The insider ownership of Baidu Inc ADR is 0.01%, while institutional ownership is 24.47%.

Baidu Inc ADR (BIDU) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -2.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.53% during the next five years compared to -8.12% drop over the previous five years of trading.

Baidu Inc ADR (NASDAQ: BIDU) Trading Performance Indicators

You can see what Baidu Inc ADR (BIDU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.58, a number that is poised to hit 2.59 in the next quarter and is forecasted to reach 11.63 in one year’s time.

Technical Analysis of Baidu Inc ADR (BIDU)

Analysing the last 5-days average volume posted by the [Baidu Inc ADR, BIDU], we can find that recorded value of 2.98 million was lower than the volume posted last year of 3.47 million. As of the previous 9 days, the stock’s Stochastic %D was 94.78%. Additionally, its Average True Range was 2.66.

During the past 100 days, Baidu Inc ADR’s (BIDU) raw stochastic average was set at 29.40%, which indicates a significant decrease from 97.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.39% in the past 14 days, which was higher than the 35.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $89.67, while its 200-day Moving Average is $102.93. Now, the first resistance to watch is $90.77. This is followed by the second major resistance level at $91.36. The third major resistance level sits at $92.27. If the price goes on to break the first support level at $89.27, it is likely to go to the next support level at $88.36. Should the price break the second support level, the third support level stands at $87.77.

Baidu Inc ADR (NASDAQ: BIDU) Key Stats

There are 350,649K outstanding shares of the company, which has a market capitalization of 26.34 billion. As of now, sales total 18,958 M while income totals 2,861 M. Its latest quarter income was 4,365 M while its last quarter net income were 755,000 K.