Shares of Baidu jumped 3.32% to $166.59 at 10:55 EST on Monday, after five successive sessions in a row of gains. The Nasdaq Stock Market is rising 1.27% to $12,535.60, following yesterday’s downward trend, This seems, so far, an all-around positive trend exchanging session today.
Baidu’s last close was $161.24, 0.42% under its 52-week high of $167.29.
Baidu’s sales growth is 11.1% for the current quarter and 23.6% for the next. The company’s growth estimates for the current quarter is a negative 30.1% and positive 46% for the next.
Baidu’s Stock Top and Bottom Yearly Value
Baidu’s stock is valued at $166.59 at 10:55 EST, below its 52-week high of $167.29 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 $141.15 and way higher than its 200-day moving average of $127.52.
Previous days news about Baidu
Baidu upped to buy at UBS and price target hiked to $190. According to MarketWatch on Wed Dec 9, "Baidu management also is more likely to take action to realize value for its other businesses, such as autonomous driving, cloud and smart speakers, via stock listings, selling/spinning assets and buybacks. ", "Chinese internet company Baidu was upgraded to buy from neutral at UBS, which lifted its price target to $190 from $130. "