Baidu Inc (BIDU) stock is lower by 0.72% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.
Baidu Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on BIDU!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With BIDU Stock Today?
Baidu Inc (BIDU) stock has fallen -1.77% while the S&P 500 has gained 0.43% as of 1:49 PM on Wednesday, Jun 24. BIDU is lower by -$2.18 from the previous closing price of $123.33 on volume of 1,909,001 shares. Over the past year the S&P 500 is higher by 6.31% while BIDU has gained 3.81%. BIDU earned $0.94 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 128.48.
To see InvestorsObserver's Sentiment Score for Baidu Inc click here.
More About Baidu Inc
Baidu is the largest Internet search engine in China with mid-70s mobile traffic share in the search market. The firm generates 86% of revenue from online marketing services and the rest from other segments. Baidu is a technology-driven company and has been investing in AI technology, such as autonomously driven cars.
