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Is Borqs Technologies Inc. (BRQS) a Keeper?

Borqs Technologies Inc. (NASDAQ:BRQS) went down by -3.03% from its latest closing price compared to the recent 1-year high of $7.36. The company’s stock price has collected 1.04% of gains 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 1.40. 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.”

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The average price from analysts is $192.00. BRQS currently public float of 29.44M and currently shorts hold a 1.34% ratio of that float. Today, the average trading volume of BRQS was 2.05M shares.

BRQS’s Market Performance

BRQS stocks went up by 1.04% for the week, with a monthly jump of 37.94% and a quarterly performance of -55.24%, while its annual performance rate touched -93.15%. The volatility ratio for the week stands at 11.66% while the volatility levels for the past 30 days are set at 11.65% for Borqs Technologies Inc. The simple moving average for the period of the last 20 days is 24.91% for BRQS stocks with a simple moving average of -79.13% for the last 200 days.

BRQS Trading at -7.49% 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 -95.65% of loss for the given period.

Volatility was left at 11.65%, however, over the last 30 days, the volatility rate increased by 11.66%, as shares surge +48.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.77% lower at present.

During the last 5 trading sessions, BRQS rose by +1.04%, which changed the moving average for the period of 200-days by -89.99% in comparison to the 20-day moving average, which settled at $0.2614. In addition, Borqs Technologies Inc. saw 53.77% in overturn over a single year, with a tendency to cut further gains.

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.