Shares of Baidu, Inc. (BIDU) Sees Large Inflow of Net Money Flow

Baidu, Inc. (BIDU) dropped by -1.11 or -1.95 points during the last session to $173.12 per share. One of the highlights of the day was the net money flow figure, which stood at $4.72 million even as the stock accepted $38.68 million in upticks but rejected $33.96 million in downticks. The up/down ratio for the last observation was a 1.14. The 1-week percentage change for the stock price is registered at -0.56%.A block transaction occurred with $5.65 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $5.65 million at the end of the block trade.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Baidu, Inc. has dropped 1.58% in the last five trading days, however, the shares have posted positive gains of 5.72% in the last 4 weeks. Baidu, Inc. has dropped 1.72% during the last 3-month period . Year-to-Date the stock performance stands at 5.72%. Baidu, Inc. (NASDAQ:BIDU) witnessed a decline in the market cap on Wednesday as its shares dropped 0.71% or 1.25 points. After the session commenced at $176.73, the stock reached the higher end at $176.73 while it hit a low of $172.55. With the volume soaring to 1,216,389 shares, the last trade was called at $173.82. The company has a 52-week high of $201. The company has a market cap of $60,300 million and there are 346,910,680 shares in outstanding. The 52-week low of the share price is $139.61.

Baidu Inc (ADR) Last issued its quarterly earnings results on Oct 27, 2016. The company reported $1.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.39. Analyst had a consensus of $1.10. The company had revenue of $2737.00 million for the quarter, compared to analysts expectations of $2742.71 million. During the same quarter in the previous year, the company posted $1.43 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Baidu Inc (ADR) was Downgraded by Morgan Stanley to Equal-Weight on Jan 17, 2017. Baidu Inc (ADR) was Initiated by Bernstein on Jan 11, 2017 to Underperform, Price Target of the shares are set at $150.Company shares were Upgraded by Stifel on Jan 10, 2017 to Buy, Raises Price Target to $ 220 from a previous price target of $200 .Baidu Inc (ADR) was Upgraded by JP Morgan to Neutral on Jan 9, 2017. Baidu Inc (ADR) was Initiated by Cantor Fitzgerald on Dec 19, 2016 to Underweight, Price Target of the shares are set at $126.

Baidu, Inc., formerly, Inc. is a Chinese-language Internet search provider and is based in Beijing, the Peoples Republic of China.The company offers a Chinese language search platform and conducts its operations principally through Baidu Online Network Technology Co., Ltd. , a network of third-party Web sites and software applications. Further, the company offers Japanese search services, including Web search, image search, video search, and blog search capabilities. It also offers online marketing services to its customers directly and through other distribution networks.


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