Powerbridge Technologies Co Ltd (NASDAQ:PBTS) saw a downside of -34.19% to close Friday at $1.39 after subtracting -$0.72 on the day. The 5-day average trading volume is 847,057 shares of the company’s common stock. It has gained $2.8000 in the past week and touched a new high 2 times within the past 5 days. An average of 287,603 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 518,305.
PBTS’s 1-month performance is -24.46% or -$0.3612 on its low of $1.3100 reached on 09/22/23. The company’s shares have touched a 52-week low of $1.26 and high of $444.00, with the stock’s rally to the 52-week high happening on 01/30/23. YTD, PBTS has lost -94.23% or -$22.6820 and has reached a new high 7 times. However, the current price is down -99.69% from the 52-week high price.
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Valuation Metrics
PBTS stock has a beta of 0.72. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.07 while the price-to-book (PB) in the most recent quarter is 0.13.
Powerbridge Technologies Co Ltd’s quick ratio for the recent period was 3.13, with the current ratio over the same period at 3.13. In terms of profitability, the gross margin trailing 12 months is 35.94%. The trailing 12-month EBITDA margin is -170.66%. 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 22 September was 37.20% to suggest the stock is trending Neutral, with historical volatility in this time period at 251.77%.
The stock’s 5-day moving average is $1.7314, reflecting a -16.75% or -$0.2796 change from its current price. PBTS is currently trading -27.30% above its 20-day SMA, -92.02% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -60.00% and SMA200 by-95.74%.
Stochastic %K and %D was 21.65% and 23.36% and the average true range (ATR) pointed at 0.3564. The RSI (14) points at 38.04%, while the 14-day stochastic is at 5.37% with the period’s ATR at 0.3591. The stock’s 9-day MACD Oscillator is pointing at 0.0141 and 0.0174 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 $1680.00 and a high of $1680.00, with their median price target at $1680.00. Looking at these predictions, the average price target given by analysts is for Powerbridge Technologies Co Ltd (PBTS) stock is $1680.00.
