At the last check on Friday, Powerbridge Technologies Co. Ltd.’s (NASDAQ:PBTS) stock traded at $0.26. The average number of shares traded per day over the past five days has been 1,332,275 shares. 2 times new highs have been achieved over the past 5 days, with a $0.0026 gain in that time frame. In the last twenty days, the average volume was 2,119,314, while in the previous 50 days, it was 1,157,026.
Since last month, PBTS stock retreated -62.87%. Shares of the company fell to $0.2550 on 07/28/23, the lowest level in the past month. A 52-week high of $66.30 was reached on 01/30/23 after having rallying from a 52-week low of $0.25. Since the beginning of this year, PBTS’s stock price has dropped by -91.36% or -$2.7454, and marked a new high 7 times. However, the stock has declined by -99.61% since its 52-week high.
Valuation Metrics
The stock’s beta is 0.75. Besides these, the trailing price-to-sales (P/S) ratio of 0.83, the price-to-book (PB) ratio of 0.01.
Financial Health
On the profitability front, the trailing twelve-month gross margin is 35.90% percent. Based on annual data, PBTS earned $3.77 million in gross profit and brought in $10.48 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -16.70%. Return on equity (ROE) for the past 12 months was -24.40%.
PBTS’s revenue fell -206.2% during the quarter, while net income inched up to $10.48 million. The liabilities of Powerbridge Technologies Co. Ltd. were 28.04 million at the end of its most recent quarter, and its total debt was $11.88 million.
Technical Picture
This quick technical analysis looks at Powerbridge Technologies Co. Ltd.’s (PBTS) price momentum. With a historical volatility rate of 173.62%, the RSI 9-day stood at 29.01% on 03 August.
With respect to its five-day moving average, the current Powerbridge Technologies Co. Ltd. price is up by +1.00% percent or $0.0026. At present, PBTS shares trade -58.22% below its 20-day simple moving average and -90.75% percent below its 100-day simple moving average. However, the stock is currently trading approximately -85.67% below its SMA50 and -95.46% below its SMA200.
Stochastic coefficient K was 6.31% and Stochastic coefficient D was 13.18%, while ATR was 0.0566. Given the Stochastic reading of 5.68% for the 14-day period, the RSI (14) reading has been calculated as 28.65%. As of today, the MACD Oscillator reading stands at -0.0239, while the 14-day reading stands at -0.0409.
Analyst Ratings
The Benchmark Company launched its rating on Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS) to a Speculative buy in a note to investors on June 14, 2019. Powerbridge Technologies Co. Ltd. (PBTS) has been rated Buy by analysts. According to 0 brokerage firms, PBTS is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Powerbridge Technologies Co. Ltd. stock as buy, with 1 recommending it as overweight.
With a median target price of $210.00, the current consensus forecast for the stock is $210.00 – $210.00. Based on these forecasts, analysts predict Powerbridge Technologies Co. Ltd. (PBTS) will achieve an average price target of $210.00.
