On Monday, Baidu Inc ADR (NASDAQ: BIDU) opened higher 0.61% from the last session, before settling in for the closing price of $85.70. Price fluctuations for BIDU have ranged from $79.68 to $151.00 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 4.68%. Company’s average yearly earnings per share was noted -2.58% at the time writing. With a float of $292.06 million, this company’s outstanding shares have now reached $292.07 million.
The extent of productivity of a business whose workforce counts for 39800 workers is very important to gauge. In terms of profitability, gross margin is 51.5%, operating margin of 17.13%, and the pretax margin is 18.16%.
Baidu Inc ADR (BIDU) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Baidu Inc ADR is 0.00%, while institutional ownership is 24.51%.
Baidu Inc ADR (BIDU) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 2.86 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.32) by 0.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.87% 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
Check out the current performance indicators for Baidu Inc ADR (BIDU). In the past quarter, the stock posted a quick ratio of 2.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.64, a number that is poised to hit 2.67 in the next quarter and is forecasted to reach 11.57 in one year’s time.
Technical Analysis of Baidu Inc ADR (BIDU)
The latest stats from [Baidu Inc ADR, BIDU] show that its last 5-days average volume of 3.9 million was superior to 3.48 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 36.86%. Additionally, its Average True Range was 2.68.
During the past 100 days, Baidu Inc ADR’s (BIDU) raw stochastic average was set at 18.31%, which indicates a significant decrease from 51.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.09% in the past 14 days, which was higher than the 35.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.90, while its 200-day Moving Average is $102.42. Now, the first resistance to watch is $87.38. This is followed by the second major resistance level at $88.54. The third major resistance level sits at $89.58. If the price goes on to break the first support level at $85.18, it is likely to go to the next support level at $84.14. The third support level lies at $82.98 if the price breaches the second support level.
Baidu Inc ADR (NASDAQ: BIDU) Key Stats
There are currently 350,649K shares outstanding in the company with a market cap of 25.18 billion. Presently, the company’s annual sales total 18,958 M according to its annual income of 2,861 M. Last quarter, the company’s sales amounted to 4,365 M and its income totaled 755,000 K.
