Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Powerbridge Technologies Co Ltd’s current trading price is -98.16% away from its 52-week high, while its distance from the 52-week low is 83.69%. The stock’s price range during this period has varied between $0.41 and $41.28. The company, active in the Technology sector, saw a trading volume of around 0.85 million for the day, considerably higher average daily volume of 0.2 million observed over the last three months.
Powerbridge Technologies Co Ltd (PBTS) currently has a stock price of $0.76. The stock saw a sharp increase in the last trading session, hitting a high of $0.8998 after opening at $0.5507. The lowest recorded price for the day was $0.549 before it closed at $0.55.
The market performance of Powerbridge Technologies Co Ltd has been somewhat unstable. Over the past year, the company’s stock achieved a high of $41.28 on 01/30/23, with the lowest value for the same timeframe being $0.41, recorded on 10/30/23.
How Financial Performance Impacts Market Capitalization
Powerbridge Technologies Co Ltd (PBTS) has experienced a quarterly decline of -52.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.55M and boasts a workforce of 177 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.8652, with a change in price of -7.2399. Similarly, Powerbridge Technologies Co Ltd recorded 349,720 in trading volume during the last 100 days, posting a change of -90.50%.
How PBTS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for PBTS stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.00.
PBTS Stock Stochastic Average
As of today, the raw stochastic average of Powerbridge Technologies Co Ltd over the last 50 days is at 14.51%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 71.26%. Further, the company’s Stochastic %K and %D values for the last 20 days were 38.81% and 24.05%, respectively.
PBTS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -96.84%.However, over the last six months, we can see a stronger performance of -94.70%. Over the last 30 days, the price of PBTS has leaped by -14.38%. And in the last five days, it has surged by 70.43%.