Borqs Technologies Inc. (NASDAQ:BRQS) went up by 9.33% from its latest closing price compared to the recent 1-year high of $8.96. The company’s stock price has collected -1.43% 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 1.32.
BRQS currently public float of 17.24M and currently shorts hold a 7.03% ratio of that float. Today, the average trading volume of BRQS was 1.97M shares.
BRQS’s Market Performance
BRQS stocks went down by -1.43% for the week, with a monthly drop of -39.83% and a quarterly performance of -58.45%, while its annual performance rate touched -93.59%. The volatility ratio for the week stands at 10.01% while the volatility levels for the past 30 days are set at 9.80% for Borqs Technologies Inc. The simple moving average for the period of the last 20 days is -17.63% for BRQS stocks with a simple moving average of -78.85% for the last 200 days.
BRQS Trading at -25.92% 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 -94.39% of loss for the given period.
Volatility was left at 9.80%, however, over the last 30 days, the volatility rate increased by 10.01%, as shares sank -40.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.02% lower at present.
During the last 5 trading sessions, BRQS fell by -1.43%, which changed the moving average for the period of 200-days by -90.95% in comparison to the 20-day moving average, which settled at $0.5935. In addition, Borqs Technologies Inc. saw -91.56% 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:
- -93.08 for the present operating margin
- +8.40 for the gross margin
The net margin for Borqs Technologies Inc. stands at -188.98. Equity return is now at value 146.70, with -67.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.48.