Baidu Inc ADR (NASDAQ: BIDU) on Monday, soared 3.10% from the previous trading day, before settling in for the closing price of $85.80. Within the past 52 weeks, BIDU’s price has moved between $78.95 and $120.25.
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Annual sales at Communication Services sector company grew by 4.68% over the past five years. The company achieved an average annual earnings per share of -7.09%. With a float of $279.90 million, this company’s outstanding shares have now reached $285.05 million.
Let’s look at the performance matrix of the company that is accounted for 39800 employees. In terms of profitability, gross margin is 50.77%, operating margin of 16.49%, and the pretax margin is 15.32%.
Baidu Inc ADR (BIDU) Insider Updates
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Baidu Inc ADR is 0.00%, while institutional ownership is 25.47%. The most recent insider transaction that took place on Nov 26 ’24, was worth 28,065. Before that another transaction happened on Nov 22 ’24, when Company’s Director proposed sale 4,900 for $81.63, making the entire transaction worth $399,987.
Baidu Inc ADR (BIDU) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 13.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.07% 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
Baidu Inc ADR (BIDU) is currently performing well based on its current performance indicators. A quick ratio of 2.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.11, a number that is poised to hit 2.26 in the next quarter and is forecasted to reach 10.15 in one year’s time.
Technical Analysis of Baidu Inc ADR (BIDU)
Baidu Inc ADR (NASDAQ: BIDU) saw its 5-day average volume 2.63 million, a negative change from its year-to-date volume of 3.58 million. As of the previous 9 days, the stock’s Stochastic %D was 30.33%. Additionally, its Average True Range was 2.69.
During the past 100 days, Baidu Inc ADR’s (BIDU) raw stochastic average was set at 25.50%, which indicates a significant decrease from 38.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.09% in the past 14 days, which was higher than the 43.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.70, while its 200-day Moving Average is $94.27. Nevertheless, the first resistance level for the watch stands at $89.43 in the near term. At $90.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $91.85. If the price goes on to break the first support level at $87.01, it is likely to go to the next support level at $85.57. Assuming the price breaks the second support level, the third support level stands at $84.59.
Baidu Inc ADR (NASDAQ: BIDU) Key Stats
Market capitalization of the company is 24.76 billion based on 350,649K outstanding shares. Right now, sales total 18,958 M and income totals 2,861 M. The company made 4,782 M in profit during its latest quarter, and 1,088 M in sales during its previous quarter.
