Market Insight: Baidu Inc ADR (BIDU)’s Notable Gain, Closing at 82.67

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In the latest session, Baidu Inc ADR (NASDAQ: BIDU) closed at $82.67 up 2.91% from its previous closing price of $80.33. In other words, the price has increased by $2.91 from its previous closing price. On the day, 4.25 million shares were traded. BIDU stock price reached its highest trading level at $83.095 during the session, while it also had its lowest trading level at $80.2.

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 2.19 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.21.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Susquehanna on Nov-26-24, Downgraded its rating to Neutral and sets its target price to $85 from $105 previously.

On November 26, 2024, China Renaissance Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $86.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 22 ’24 when Callinicos Brent bought 4,900 shares for $81.63 per share.

MELISSA DONGMIN MA bought 395,000 shares of BIDU for $41,589,550 on Oct 01 ’24.

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 28429799424 and an Enterprise Value of 195166994432. As of this moment, Baidu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.20, and their Forward P/E ratio for the next fiscal year is 7.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 1.447 whereas that against EBITDA is 5.152.

Stock Price History:

Over the past 52 weeks, BIDU has reached a high of $126.23, while it has fallen to a 52-week low of $78.95. The 50-Day Moving Average of the stock is -11.74%, while the 200-Day Moving Average is calculated to be -13.81%.

Shares Statistics:

For the past three months, BIDU has traded an average of 4.01M shares per day and 3651630 over the past ten days. A total of 292.07M shares are outstanding, with a floating share count of 292.07M. Insiders hold about 0.00% of the company’s shares, while institutions hold 24.77% stake in the company. Shares short for BIDU as of 1730332800 were 6824569 with a Short Ratio of 1.70, compared to 1727654400 on 7011713. Therefore, it implies a Short% of Shares Outstanding of 6824569 and a Short% of Float of 2.48.

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