Additionally, the 36-month beta value for PBTS is 1.06. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for PBTS is 4.27M and currently, short sellers hold a 1.40% ratio of that float. The average trading volume of PBTS on November 20, 2023 was 197.70K shares.
PBTS) stock’s latest price update
Powerbridge Technologies Co Ltd (NASDAQ: PBTS)’s stock price has soared by 38.45 in relation to previous closing price of 0.55. Nevertheless, the company has seen a gain of 70.43% in its stock price over the last five trading days. InvestorPlace reported 2023-05-11 that Prudent investors are now forced to reassess their portfolios and risk profiles. Indeed, for those invested in penny stocks, the promise of substantial returns is great.
PBTS’s Market Performance
Powerbridge Technologies Co Ltd (PBTS) has experienced a 70.43% rise in stock performance for the past week, with a -14.38% drop in the past month, and a -52.26% drop in the past quarter. The volatility ratio for the week is 21.80%, and the volatility levels for the past 30 days are at 20.15% for PBTS. The simple moving average for the past 20 days is 47.15% for PBTS’s stock, with a -92.77% simple moving average for the past 200 days.
PBTS Trading at -28.05% 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 -98.16% of loss for the given period.
Volatility was left at 20.15%, however, over the last 30 days, the volatility rate increased by 21.80%, as shares surge +13.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.60% lower at present.
During the last 5 trading sessions, PBTS rose by +70.43%, which changed the moving average for the period of 200-days by -97.18% in comparison to the 20-day moving average, which settled at $0.5210. In addition, Powerbridge Technologies Co Ltd saw -96.84% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PBTS
Equity return is now at value -23.13, with -17.53 for asset returns.
In conclusion, Powerbridge Technologies Co Ltd (PBTS) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as 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.