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A Look at Baidu’s Fundamentals before Its Q3 Earnings

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Moving averages

On October 23, Baidu was trading 10.6% below its 50-day moving average. Compared to its peers, Amazon traded 7.5% below its 50-day moving average on that date, and PayPal traded 0.8% above its 50-day moving average. eBay and Alibaba were trading 15.2% and 9.7% below their 50-day moving averages, respectively. Baidu’s 20-day moving average was -7.41%, and its 200-day moving average was -19.5%.

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Stock trends

On October 23, Baidu (BIDU) stock returned -27.3% in the trailing 12-month period, compared to -14.7% in the trailing one-month period. However, it returned -4.8% in the trailing five-day period.

Among Baidu’s peers in the Internet sector, eBay (EBAY), Amazon (AMZN), PayPal (PYPL), and Alibaba (BABA) generated returns of -23.5%, 83.0%, 25.5%, and -15.3%, respectively, in the trailing-12-month period.

Market cap

On October 23, Baidu was the world’s fourth-largest Internet player in terms of market capitalization at $67.7 billion. Among its peers, eBay’s market cap was $30.6 billion, Amazon’s market cap was $865.9 billion, PayPal’s market cap was $103.9 billion, and Alibaba’s market cap was $377.7 billion.

Market capitalization represents the market value of a company at a particular time. Market cap is calculated as the number of shares outstanding of a publicly traded company multiplied by its share price.

Relative strength index

Baidu reported a 14-day RSI (relative strength index) of 35. eBay, Amazon, PayPal, and Alibaba recorded 14-day RSI readings of 22, 40, 57, and 42, respectively, in the same period.

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