Baidu (NASDAQ:BIDU) During the most recent session, the shares traded at 0.06 points or 0.04% higher at $164.34. The money flow data is unimpressive with the net money flow value of $(-9.36) million. As per the intraday data, the upticks measured $49.1 million and the downticks measured $58.46 million. As a result, the up/down ratio registered a value of 0.84. The shares have seen -5.41% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $8.83 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-8.83) million.
Institutional Investors own 62.25% of Baidu shares.
Baidu (NASDAQ:BIDU) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.73 points or 0.44% at $163.55 with 3,829,940 shares getting traded. Post opening the session at $161.01, the shares hit an intraday low of $160 and an intraday high of $164.8599 and the price was in this range throughout the day. The company has a market cap of $56,637 million and the number of outstanding shares have been calculated to be 346,296,130 shares. The 52-week high of Baidu (NASDAQ:BIDU) is $217.97 and the 52-week low is $100.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Jefferies maintains the rating on Baidu (NASDAQ:BIDU). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency lowers the price target from $225 per share to $203 per share. The rating by the firm was issued on May 12, 2016.
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, Baidu.com. 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 Baidu.com 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.