Shares of Baidu rose 4.3% to $158.11 at 14:05 EST on Thursday, after three sequential sessions in a row of gains. The Nasdaq Stock Market is jumping 0.52% to $12,403.50, following yesterday’s downward trend, on what at the moment seems, a somewhat positive trend trading session today.
Baidu’s last close was $151.59, 0.44% under 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 present 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 $158.11 at 14:05 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 higher than 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, “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.”