A new trading day began on Monday, with Baidu Inc ADR (NASDAQ: BIDU) stock price up 3.72% from the previous day of trading, before settling in for the closing price of $89.79. BIDU’s price has ranged from $79.68 to $126.23 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%. Meanwhile, its annual earnings per share averaged -3.81%. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Baidu Inc ADR is 0.00%, while institutional ownership is 24.02%. The most recent insider transaction that took place on Oct 01 ’24, was worth 41,589,550.
Baidu Inc ADR (BIDU) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 2.86 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.15% 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
Here are Baidu Inc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.64, a number that is poised to hit 2.53 in the next quarter and is forecasted to reach 11.28 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 3.42 million was inferior to 3.67 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 26.23%. Additionally, its Average True Range was 3.61.
During the past 100 days, Baidu Inc ADR’s (BIDU) raw stochastic average was set at 36.78%, which indicates a significant increase from 27.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.42% in the past 14 days, which was lower than the 42.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.44, while its 200-day Moving Average is $97.70. Now, the first resistance to watch is $94.69. This is followed by the second major resistance level at $96.25. The third major resistance level sits at $98.02. If the price goes on to break the first support level at $91.36, it is likely to go to the next support level at $89.59. Assuming the price breaks the second support level, the third support level stands at $88.03.
Baidu Inc ADR (NASDAQ: BIDU) Key Stats
With a market capitalization of 27.20 billion, the company has a total of 350,649K Shares Outstanding. Currently, annual sales are 18,958 M while annual income is 2,861 M. The company’s previous quarter sales were 4,669 M while its latest quarter income was 755,000 K.
