Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS) currently has a daily average trading volume of 16.74M but it saw 3980165 shares traded on Thursday. With a market cap of 53.69M USD, stock’s current market price of $0.06 came rising about 2.50 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.21 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.059 while lowest mark touched by it was $0.0552.
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Taking a look at 20-day trading activity of Powerbridge Technologies Co. Ltd. (PBTS) gives us an average price of $0.0635, while its current price level is -97.40% below from 52-week high level whereas it is 24.24% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.0788 while that of 200 days or SMA-200 reads an average of $0.3418. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.16% during that period while stretching the period over a month that increases to 20.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.62 which implies that the stock is in neutral territory.
Powerbridge Technologies Co. Ltd. (PBTS)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $7.00 and $7.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $7.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $7.00. Average price target assigned by them is $7.00 which highlights an upside potential of 99.14% for the stock over that period. And to attain the median price target of $7.00 assigned by those analysts, stock has to add about 99.14% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, PBTS’s stock price is moving -13.03% down while it is 3.99% when we observe its performance for the past one month. Year-to-date it is -42.77% down and over the past year, the stock is showing a downside performance of -81.48%.
Currently, Powerbridge Technologies Co. Ltd.’s total number of outstanding shares is 935.44M with 31.28% of that held by the insiders while 0.35% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 0.16 while price to sale or P/S ratio amounts to 5.12.
