Let’s start up with the current stock price of Borqs Technologies Inc. (BRQS), which is $1.11 to be very precise. The Stock rose vividly during the last session to $1.1386 after opening rate of $1.08 while the lowest price it went was recorded $1.05 before closing at $1.08.
Recently in News on December 2, 2020, Borqs Technologies Signed Official Agreement for 5G Industrial Park Project in South Taihu New Area of Zhejiang Province, China. Borqs Technologies, Inc. (Nasdaq: BRQS, the “Company”), a global provider of embedded software and products for the Internet of Things (IoT), today reported that the Company has signed the official agreement for cooperation with the Huzhou South Taihu New Area for a 5G Industrial Park Project. You can read further details here
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Borqs Technologies Inc. had a pretty Dodgy run when it comes to the market performance.
Borqs Technologies Inc. (BRQS) full year performance was -76.93%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Borqs Technologies Inc. shares are logging -86.79% during the 52-week period from high price, and 36.87% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.81 and $8.40.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 2685055 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Borqs Technologies Inc. (BRQS) recorded performance in the market was -40.00%, having the revenues showcasing 10.40% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 46.86M, as it employees total of 556 workers.
The Analysts eye on Borqs Technologies Inc. (BRQS)
During the last month, 0 analysts gave the Borqs Technologies Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.0730, with a change in the price was noted -0.1000. In a similar fashion, Borqs Technologies Inc. posted a movement of -8.55% for the period of last 100 days, recording 3,143,302 in trading volumes.
Technical rundown of Borqs Technologies Inc. (BRQS)
Raw Stochastic average of Borqs Technologies Inc. in the period of last 50 days is set at 30.65%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 30.65%. In the last 20 days, the company’s Stochastic %K was 32.26% and its Stochastic %D was recorded 36.02%.
Considering, the past performance of Borqs Technologies Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -40.00%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -30.67%, alongside a downfall of -76.93% for the period of the last 12 months. The shares increased approximately by -15.62% in the 7-day charts and went down by 16.50% in the period of the last 30 days. Common stock shares were driven by 10.40% during last recorded quarter.