The stock of Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS) increased by $0.11 on Monday to finish at $0.28, up 70.18 percent. The last five days have seen an average of 20,913,699 shares of common stock traded. 7 times new highs were reached in the current year, with a fall of -$2.7265. The average number of shares traded over the last 20 days was 6,554,505, while the average volume over the last 50 days totaled 3,289,531.
PBTS stock dropped -26.30% since last month. On 08/11/23, the company’s shares reached a one-month low of $0.1580. The stock touched a high of $66.30 on 01/30/23, after rallying from a low of $0.16 in 52 weeks. The price of PBTS stock has declined by -90.61% or -$2.7265 this year, reaching a new high 7 times. Still, the stock price is down -99.57% from the 52-week high.
Valuation Metrics
Beta for the stock is 0.83. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.09, the price-to-book (PB) ratio of 0.01.
Financial Health
For the recent quarter, Powerbridge Technologies Co. Ltd.’s current ratio was 3.10. As far as profitability goes, gross margin for the trailing twelve months is 35.90% percent. Based on annual data, it had gross profit of $3.77 million and revenue of $10.48 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. PBTS’s return on assets (ROA) during the last 12 months has been -18.40%. There was a -16.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -24.40%.
Earnings Surprise
Net income for the quarter came in at $10.48 million, while revenues fell by -206.2% to $0.0. At the end of Powerbridge Technologies Co. Ltd.’s most recent quarter, its liabilities totaled 28.04 million, while its total debt was $11.88 million.
Technical Picture
Here’s a quick look at Powerbridge Technologies Co. Ltd.’s (PBTS) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 48.31%, suggesting the stock is Neutral, with a 319.52% historical volatility rate.
The stochastic %K and %D were 17.81% and 10.54% respectively, while the average true range (ATR) was 0.0717. Based on the 14-day stochastic reading of 42.75%, the RSI (14) reading is 38.40%. On the 9-day MACD Oscillator, the stock is at -0.0126, and the 14-day reading is at -0.0371.
Analyst Ratings
In its analyst report released on June 14, 2019, The Benchmark Company began covering Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS). The stock was rated as a Speculative buy by the brokerage firm. Analysts have assigned Powerbridge Technologies Co. Ltd. (PBTS) an Buy rating. PBTS is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is PBTS’s price target for the next 12 months?
The current consensus forecast for the stock is between $210.00 and $210.00, with a median target price of $210.00. In analyzing these forecasts, the average price target given by analysts for Powerbridge Technologies Co. Ltd. (PBTS) is $210.00.
