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

Baidu (BIDU): $2.71 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.05. The value of trades done on upticks was $59.55 million, whereas, trades done on downticks were valued at $56.84 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.68 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $2.68 million. Baidu (BIDU) fell $0.52 traded at $160.88, a change of -0.32% over the previous day. The stock is -1.14% for the week.


Baidu (BIDU) : The consensus price target for Baidu (BIDU) is $205.57 for the short term with a standard deviation of $16.56. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $223, however, the pessimist price target for the company is $182.

Baidu (NASDAQ:BIDU): On Fridays trading session , Opening price of the stock was $162.06 with an intraday high of $162.64. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $160.45. However, the stock managed to close at $160.88, a loss of 0.32% for the day. On the previous day, the stock had closed at $161.4. The total traded volume of the day was 1,595,283 shares.

Baidu, Inc. (Baidu) is a Chinese-language Internet search provider (ISP). Baidu serves three types of online participants, which include users, customers and Baidu Union Members. The Company offers a Chinese-language search platform on its Website, It provides Chinese-language Internet search services to enable users to find relevant information online, including Web pages, news, images, documents and multimedia files, through links provided on its Websites. It designs and delivers its online marketing services primarily on its Website to its online marketing customers. As of December 31, 2014 the Company had approximately 813,000 active online marketing customers. Its online marketing customers consist of small and medium enterprises (SMEs) throughout China, domestic companies and Chinese divisions or subsidiaries of multinational companies.

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