Shares of Baidu rose 4.44% to $158.32 at 15:06 EST on Thursday, after three sequential sessions in a row of gains. The Nasdaq Stock Market is jumping 0.29% to $12,374.60, following yesterday’s downward trend, on what as yet seems, a somewhat positive trend trading session today.
Baidu’s last close was $151.59, 0.30% below its 52-week high of $158.80.
Baidu’s sales growth is 11.3% for the ongoing quarter and 23.8% for the next. The company’s growth estimates for the current quarter is a negative 29.8% and positive 46% for the next.
Baidu’s Stock Top and Bottom Yearly Value
Baidu’s stock is valued at $158.32 at 15:06 EST, below its 52-week high of $158.80 and way above its 52-week low of $82.00.
Baidu’s Moving Average
Baidu’s worth is way above its 50-day moving average of $139.46 and way above its 200-day moving average of $126.78.
Previous days news about Baidu
Baidu upped to buy at UBS and price target hiked to $190. According to MarketWatch on Wed Dec 9, “Chinese internet company Baidu was upgraded to buy from neutral at UBS, which lifted its price target to $190 from $130.