Large Inflow of Money Witnessed in Baidu

Baidu (NASDAQ:BIDU) traded with a cut of -3.73 points or -2.24% at $162.8 per share. As per the last available information, the stock aggregated $146 million in upticks and $117.49 million in downticks, keeping the net money flow capped at $28.52 million. The up/down ratio was found to be 1.24. For the week, the shares have seen a change of 0.07% in the share price.A block trade of $37.63 million in upticks and $6.53 million in downticks also took place during the day. The up/down ratio for the block stood at 5.76. The net money flow for this transaction was $31.1 million.


The stock has recorded a 20-day Moving Average of 4.72% and the 50-Day Moving Average is 7.8%. The company shares have dropped 21.44% in the past 52 Weeks. On November 30, 2015 The shares registered one year high of $217.97 and one year low was seen on August 24, 2015 at $100. The 50-day moving average is $170.39 and the 200 day moving average is recorded at $177.05. S&P 500 has rallied 1.93% during the last 52-weeks.

Baidu (NASDAQ:BIDU): The stock opened at $167.44 on Tuesday but the bulls could not build on the opening and the stock topped out at $168.39 for the day. The stock traded down to $162.72 during the day, due to lack of any buying support eventually closed down at $162.80 with a loss of -2.24% for the day. The stock had closed at $166.53 on the previous day. The total traded volume was 3,036,262 shares.

Institutional Investors own 62.25% of Baidu 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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