Shares of Baidu rose by a staggering 25.23% in 30 days from $176.43 to $220.94 at 14:11 EST on Sunday, following last session’s downward trend. NASDAQ Composite is rising 1.44% to $14,016.81, following last session’s upward trend,
Baidu’s last close was $214.56, 60.60% below its 52-week high of $354.82.
Baidu’s sales growth is 30.2% for the ongoing quarter and 21.5% for the next. The company’s growth estimates for the ongoing quarter and the next is 33.3% and 14.7%, respectively.
Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 107.07B for the twelve trailing months.
Baidu’s Stock Yearly Top and Bottom Value
Baidu’s stock is valued at $220.94 at 14:11 EST, way under its 52-week high of $354.82 and way above its 52-week low of $90.94.
Baidu’s Moving Average
Baidu’s value is way below its 50-day moving average of $268.82 and way higher than its 200-day moving average of $198.29.
Previous days news about Baidu
Baidu and geely plan $7.7 billion smart car push. According to Bloomberg Quint on Friday, 23 April, "This year alone, Geely has forged major collaboration pacts with companies from Baidu to Apple Inc.’s Taiwanese manufacturing partner Foxconn Technology Group, Tencent Holdings Ltd. ", "Jidu Auto, a joint venture between Chinese giants Baidu Inc. and Zhejiang Geely Holding Group, aims to spend 50 billion yuan ($7.7 billion) over the next five years on developing smart-car technology."
More news about Baidu.