Daily Progress: Baidu Inc ADR (BIDU) Gain 1.16, Closing at 110.87

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In the latest session, Baidu Inc ADR (NASDAQ: BIDU) closed at $110.87 up 1.16% from its previous closing price of $109.60. In other words, the price has increased by $1.16 from its previous closing price. On the day, 1.4 million shares were traded. BIDU stock price reached its highest trading level at $111.71 during the session, while it also had its lowest trading level at $109.611.

Ratios:

For a deeper understanding of Baidu Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.98 and its Current Ratio is at 3.01. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.26.

On November 22, 2023, Nomura Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $145.

Morgan Stanley Upgraded its Equal-Weight to Overweight on June 20, 2023, whereas the target price for the stock was revised from $160 to $190.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIDU now has a Market Capitalization of 38876786688 and an Enterprise Value of 216742084608. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.17, and their Forward P/E ratio for the next fiscal year is 9.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.61 whereas that against EBITDA is 5.932.

Stock Price History:

Over the past 52 weeks, BIDU has reached a high of $156.98, while it has fallen to a 52-week low of $94.25. The 50-Day Moving Average of the stock is 7.52%, while the 200-Day Moving Average is calculated to be -4.94%.

Shares Statistics:

For the past three months, BIDU has traded an average of 3.47M shares per day and 3951690 over the past ten days. A total of 292.07M shares are outstanding, with a floating share count of 292.05M. Insiders hold about 0.01% of the company’s shares, while institutions hold 24.18% stake in the company. Shares short for BIDU as of 1713139200 were 5524366 with a Short Ratio of 1.87, compared to 1710460800 on 5307178.

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