Shares of Baidu rose 3.45% to $166.80 at 11:05 EST on Monday, after five consecutive sessions in a row of gains. The Nasdaq Stock Market is jumping 1.27% to $12,535.60, following yesterday’s downward trend, This seems, so far, an all-around positive trend trading session today.
Baidu’s last close was $161.24, 0.29% under its 52-week high of $167.29.
Baidu’s sales growth is 11.1% for the present 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 $166.80 at 11:05 EST, below its 52-week high of $167.29 and way higher than its 52-week low of $82.00.
Baidu’s Moving Average
Baidu’s value is way above its 50-day moving average of $141.15 and way above 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’s growth in core revenue — search and feed advertising — is turning positive due to product improvements, stabilization of the competitive landscape and easier year-over-year comparisons, said analysts led by Jerry Liu. ", "Baidu on Tuesday boosted its stock buyback program by $1.5 billion, and its stock closed at $144.99."