Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS) saw a downside of -12.00% to close Monday at $0.22 after subtracting -$0.03 on the day. The 5-day average trading volume is 1,590,160 shares of the company’s common stock. It has gained $0.3200 in the past week and touched a new high 1 time within the past 5 days. An average of 2,169,875 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,223,847.
PBTS’s 1-month performance is -65.13% or -$0.4109 on its low of $0.2080 reached on 08/07/23. The company’s shares have touched a 52-week low of $0.25 and high of $66.30, with the stock’s rally to the 52-week high happening on 01/30/23. YTD, PBTS has lost -92.69% or -$2.7890 and has reached a new high 7 times. However, the current price is down -99.67% from the 52-week high price.
Valuation Metrics
PBTS stock has a beta of 0.76. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.68 while the price-to-book (PB) in the most recent quarter is 0.01.
. In terms of profitability, the gross margin trailing 12 months is 35.90%. The firm’s gross profit as reported stood at $3.77 million against revenue of $10.48 million.
Earnings Surprise
Net income grew 56.58% to -$21.51 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 28.04 million, with total debt at $11.88 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 07 August was 24.79% to suggest the stock is trending oversold, with historical volatility in this time period at 178.46%.
The stock’s 5-day moving average is $0.2636, reflecting a -25.35% or -$0.0747 change from its current price. PBTS is currently trading -58.49% above its 20-day SMA, -92.59% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -86.90% and SMA200 by-96.27%.
Stochastic %K and %D was 3.14% and 7.36% and the average true range (ATR) pointed at 0.0571. The RSI (14) points at 26.64%, while the 14-day stochastic is at 6.05% with the period’s ATR at 0.0814. The stock’s 9-day MACD Oscillator is pointing at -0.0296 and -0.0534 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 $210.00 and a high of $210.00, with their median price target at $210.00. Looking at these predictions, the average price target given by analysts is for Powerbridge Technologies Co. Ltd. (PBTS) stock is $210.00.
