Powerbridge Technologies Co. Ltd. [NASDAQ: PBTS] loss -14.54% or -0.41 points to close at $2.41 with a heavy trading volume of 34314585 shares. The company report on April 12, 2021 that Powerbridge Technologies Enters into Strategic Cooperation Agreement with Huawei.
Expected to Advance the Digital Transformation with Huawei.
Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) (“Powerbridge” or the “Company”), a global trade software applications and technology services provider, and Huawei Technologies Co. Ltd. (“Huawei”), a leading global provider of information and communications technology (ICT) infrastructure and smart devices, have entered into Strategic Cooperation Agreement to jointly promote and market their services to local ports and customs in China.
It opened the trading session at $3.66, the shares rose to $3.76 and dropped to $2.3001, the range by which the price of stock traded the whole day. The daily chart for PBTS points out that the company has recorded 1.26% gains over the past six months. However, it is still -37.71% lower than its most recent low trading price.
If we look at the average trading volume of 386.17K shares, PBTS reached to a volume of 34314585 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Powerbridge Technologies Co. Ltd. [PBTS]:
The Benchmark Company have made an estimate for Powerbridge Technologies Co. Ltd. shares, keeping their opinion on the stock as Speculative Buy, with their previous recommendation back on June 14, 2019.
The Average True Range (ATR) for Powerbridge Technologies Co. Ltd. is set at 0.39, with the Price to Sales ratio for PBTS stock in the period of the last 12 months amounting to 5.30. The Price to Book ratio for the last quarter was 3.49, with the Price to Cash per share for the same quarter was set at 0.05.
Trading performance analysis for PBTS stock
Powerbridge Technologies Co. Ltd. [PBTS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.47. With this latest performance, PBTS shares dropped by -32.87% in over the last four-week period, additionally plugging by 1.26% over the last 6 months – not to mention a drop of -1.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PBTS stock in for the last two-week period is set at 33.72, with the RSI for the last a single of trading hit 25.15, and the three-weeks RSI is set at 39.05 for Powerbridge Technologies Co. Ltd. [PBTS]. The present Moving Average for the last 50 days of trading for this stock 3.50, while it was recorded at 2.80 for the last single week of trading, and 2.74 for the last 200 days.
Powerbridge Technologies Co. Ltd. [PBTS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Powerbridge Technologies Co. Ltd. [PBTS] shares currently have an operating margin of -56.00 and a Gross Margin at +30.18. Powerbridge Technologies Co. Ltd.’s Net Margin is presently recorded at -53.68.
Return on Total Capital for PBTS is now -141.33, given the latest momentum, and Return on Invested Capital for the company is -174.71. Return on Equity for this stock declined to -174.71, with Return on Assets sitting at -36.90. When it comes to the capital structure of this company, Powerbridge Technologies Co. Ltd. [PBTS] has a Total Debt to Total Equity ratio set at 26.73. Additionally, PBTS Total Debt to Total Capital is recorded at 21.09, with Total Debt to Total Assets ending up at 5.15.
Reflecting on the efficiency of the workforce at the company, Powerbridge Technologies Co. Ltd. [PBTS] managed to generate an average of -$43,495 per employee. Receivables Turnover for the company is 1.40 with a Total Asset Turnover recorded at a value of 0.69.Powerbridge Technologies Co. Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
An analysis of insider ownership at Powerbridge Technologies Co. Ltd. [PBTS]
There are presently around $0 million, or 0.10% of PBTS stock, in the hands of institutional investors. The top three institutional holders of PBTS stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 26,200, which is approximately -18.634% of the company’s market cap and around 13.96% of the total institutional ownership; MORGAN STANLEY, holding 3,986 shares of the stock with an approximate value of $10000.0 in PBTS stocks shares; and WELLS FARGO & COMPANY/MN, currently with $3000.0 in PBTS stock with ownership of nearly New of the company’s market capitalization.
1 institutional holders increased their position in Powerbridge Technologies Co. Ltd. [NASDAQ:PBTS] by around 1,400 shares. Additionally, 3 investors decreased positions by around 30,649 shares, while 1 investors held positions by with 463 shares. The mentioned changes placed institutional holdings at 31,586 shares, according to the latest SEC report filing. PBTS stock had 1 new institutional investments in for a total of 1,400 shares, while 2 institutional investors sold positions of 24,649 shares during the same period.