Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS) saw a downside of -7.54% to close Monday at $0.16 after subtracting -$0.01 on the day. The 5-day average trading volume is 7,453,760 shares of the company’s common stock. It has gained $0.1847 in the past week and touched a new high 4 times within the past 5 days. An average of 10,733,375 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,755,760.
PBTS’s 1-month performance is -66.28% or -$0.3181 on its low of $0.1350 reached on 10/24/22. The company’s shares have touched a 52-week low of $0.14 and high of $2.21, with the stock’s rally to the 52-week high happening on 09/20/22. YTD, PBTS has lost -69.05% or -$0.3609 and has reached a new high 5 times. However, the current price is down -92.68% from the 52-week high price.
China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal
Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.
Simply click here and the name & trading symbol are yours.
Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.56 while the price-to-book (PB) in the most recent quarter is 0.24.
The firm’s gross profit as reported stood at $10.71 million against revenue of $32.09 million.
Net income shrunk -95.4% to -$9.34 million, while revenue of $0.0 was 100.0% off the previous quarter. PBTS stock balance sheet for the recent quarter shows that total liabilities totaled 31.92 million, with total debt at $7.12 million.
Let’s look briefly at Powerbridge Technologies Co. Ltd. (PBTS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 31 October was 29.32% to suggest the stock is trending oversold, with historical volatility in this time period at 120.00%.
The stock’s 5-day moving average is $0.1591, reflecting a +10.07% or $0.0148 change from its current price. PBTS is currently trading -59.33% above its 20-day SMA, -58.13% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -87.93% and SMA200 by-63.72%.
Stochastic %K and %D was 27.12% and 20.29% and the average true range (ATR) pointed at 0.0477. The RSI (14) points at 30.89%, while the 14-day stochastic is at 25.52% with the period’s ATR at 0.0763. The stock’s 9-day MACD Oscillator is pointing at 0.0034 and -0.0076 on the 14-day charts.
In the most recent analyst report for Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS), The Benchmark Company launched coverage with a Speculative buy rating. Analysts offering their rating for PBTS stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate PBTS as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is PBTS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $7.00 and a high of $7.00, with their median price target at $7.00. Looking at these predictions, the average price target given by analysts is for Powerbridge Technologies Co. Ltd. (PBTS) stock is $7.00.