Borqs Technologies Inc. (NASDAQ:BRQS) went down by -4.79% from its latest closing price compared to the recent 1-year high of $1.60. The company’s stock price has collected -16.54% of loss in the last five trading sessions.
Is It Worth Investing in Borqs Technologies Inc. (NASDAQ :BRQS) Right Now?
Plus, the 36-month beta value for BRQS is at 0.99. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Borqs Technologies Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $12.00. BRQS currently public float of 53.44M and currently shorts hold a 9.17% ratio of that float. Today, the average trading volume of BRQS was 42.56M shares.
BRQS’s Market Performance
BRQS stocks went down by -16.54% for the week, with a monthly drop of -9.27% and a quarterly performance of -28.82%, while its annual performance rate touched -80.21%. The volatility ratio for the week stands at 8.53% while the volatility levels for the past 30 days are set at 12.98% for Borqs Technologies Inc. The simple moving average for the period of the last 20 days is -2.62% for BRQS stocks with a simple moving average of -55.57% for the last 200 days.
BRQS Trading at -17.58% from the 50-Day Moving Average
After a stumble in the market that brought BRQS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.06% of loss for the given period.
Volatility was left at 12.98%, however, over the last 30 days, the volatility rate increased by 8.53%, as shares sank -7.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.05% lower at present.
During the last 5 trading sessions, BRQS fell by -16.54%, which changed the moving average for the period of 200-days by -78.18% in comparison to the 20-day moving average, which settled at $0.1791. In addition, Borqs Technologies Inc. saw -52.98% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BRQS
Current profitability levels for the company are sitting at:
- -149.14 for the present operating margin
- +5.67 for the gross margin
The net margin for Borqs Technologies Inc. stands at -134.90. Equity return is now at value 191.50, with -123.80 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 1.55, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 20.24 and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.27.