Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS)’s stock price has decreased by -3.15 compared to its previous closing price of 0.09. Despite this, the company has seen a loss of -10.90% in its stock price over the last five trading days.
Is It Worth Investing in Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS) Right Now?
Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for PBTS is $7.00, The public float for PBTS is 87.88M, and currently, shorts hold a 9.73% of that float. The average trading volume for PBTS on March 17, 2023 was 14.83M shares.
PBTS’s Market Performance
The stock of Powerbridge Technologies Co. Ltd. (PBTS) has seen a -10.90% decrease in the past week, with a -15.78% drop in the past month, and a -6.51% fall in the past quarter. The volatility ratio for the week is 8.83%, and the volatility levels for the past 30 days are at 9.49% for PBTS. The simple moving average for the last 20 days is -9.35% for PBTS stock, with a simple moving average of -84.18% for the last 200 days.
PBTS Trading at -17.83% from the 50-Day Moving Average
After a stumble in the market that brought PBTS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.97% of loss for the given period.
Volatility was left at 9.49%, however, over the last 30 days, the volatility rate increased by 8.83%, as shares sank -12.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.73% lower at present.
During the last 5 trading sessions, PBTS fell by -10.90%, which changed the moving average for the period of 200-days by -72.95% in comparison to the 20-day moving average, which settled at $0.0976. In addition, Powerbridge Technologies Co. Ltd. saw -11.17% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PBTS
Current profitability levels for the company are sitting at:
- -25.28 for the present operating margin
- +33.39 for the gross margin
The net margin for Powerbridge Technologies Co. Ltd. stands at -29.11.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
In conclusion, Powerbridge Technologies Co. Ltd. (PBTS) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.