Less Than One Hour Before The NASDAQ Open, Baidu Is Up By 4%

(VIANEWS) – The NASDAQ opens in less than one hour and Baidu‘s pre-market value is already 4.52% up.

Baidu’s last close was $101.70, 36.65% under its 52-week high of $160.53.

The last session, NASDAQ ended with Baidu (BIDU) sliding 2.11% to $101.70. NASDAQ rose 0.2% to $16,401.84, after four successive sessions in a row of gains, on what was a somewhat up trend trading session.

About Baidu

Baidu, Inc. engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app. It also provides Baidu Knows, an online community where users can ask questions to other users; Baidu Wiki; Baidu Experience; Baidu Post; ERNIE Bot, conversational AI bot; Baidu Wenku; Baidu Maps, a voice-enabled mobile app that provides travel-related services; Baidu Drive; Baijiahao; and DuerOS, a smart assistant platform. In addition, it offers online marketing services, which include pay for performance, an auction-based services that allow customers to bid for priority placement of paid sponsored links and reach users who search for information related to their products or services; other marketing services that include display-based marketing services and other online marketing services based on performance criteria other than cost per click; mobile ecosystem, a portfolio of apps, including Baidu App, Haokan, and Baidu Post; various cloud services and solutions, such as platform as a service, software as a service, and infrastructure as a service; self-driving services, including maps, automated valet parking, navigation pilot, electric vehicles, and robotaxi fleets, as well as Xiaodu smart devices. Further, the company provides iQIYI, an online entertainment service, including original and licensed content; other video content and membership; and online advertising services. It has strategic partnership with Zhejiang Geely Holding Group. The company was formerly known as Baidu.com, Inc. Baidu, Inc. was incorporated in 2000 and is headquartered in Beijing, China.

Earnings Per Share

As for profitability, Baidu has a trailing twelve months EPS of $7.66.

PE Ratio

Baidu has a trailing twelve months price to earnings ratio of 13.28. Meaning, the purchaser of the share is investing $13.28 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.61%.

Moving Average

Baidu’s value is under its 50-day moving average of $107.75 and way below its 200-day moving average of $123.98.

Yearly Top and Bottom Value

Baidu’s stock is valued at $101.70 at 09:27 EST, way under its 52-week high of $160.53 and above its 52-week low of $96.58.

More news about Baidu (BIDU).

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