Powerbridge Technologies Co. Ltd. (PBTS): What Does Valuation Ratios Tell Us?

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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.


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Valuation Metrics

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.

Earnings Surprise

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.

Analyst Ratings

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.

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