Borqs Technologies Inc. (NASDAQ: BRQS) kicked off on June 21, 2022, at the price of $0.1809, down -4.79% from the previous trading day. During the day, the shares moved up to $0.1835 and dropped to $0.1751 before settling in for the closing price of $0.18. Over the past 52 weeks, BRQS has traded in a range of $0.14-$1.60.
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While this was happening, its average annual earnings per share was recorded 42.70%. With a float of $53.44 million, this company’s outstanding shares have now reached $120.70 million.
Let’s determine the extent of company efficiency that accounts for 307 employees. In terms of profitability, gross margin is +5.67, operating margin of -149.14, and the pretax margin is -133.39.
Borqs Technologies Inc. (BRQS) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Borqs Technologies Inc. is 81.37%, while institutional ownership is 8.00%.
Borqs Technologies Inc. (BRQS) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/29/2018, the organization reported $0.07 earnings per share (EPS), higher than consensus estimate (set at $0) by $0.07. This company achieved a net margin of -134.90. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 42.70% per share during the next fiscal year.
Borqs Technologies Inc. (NASDAQ: BRQS) Trading Performance Indicators
Take a look at Borqs Technologies Inc.’s (BRQS) current performance indicators. Last quarter, stock had a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47
Technical Analysis of Borqs Technologies Inc. (BRQS)
Looking closely at Borqs Technologies Inc. (NASDAQ: BRQS), its last 5-days average volume was 12.72 million, which is a drop from its year-to-date volume of 24.37 million. As of the previous 9 days, the stock’s Stochastic %D was 15.05%. Additionally, its Average True Range was 0.02.
During the past 100 days, Borqs Technologies Inc.’s (BRQS) raw stochastic average was set at 12.31%, which indicates a significant increase from 10.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.37% in the past 14 days, which was lower than the 127.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2120, while its 200-day Moving Average is $0.3910. However, in the short run, Borqs Technologies Inc.’s stock first resistance to watch stands at $0.1807. Second resistance stands at $0.1863. The third major resistance level sits at $0.1891. If the price goes on to break the first support level at $0.1723, it is likely to go to the next support level at $0.1695. Now, if the price goes above the second support level, the third support stands at $0.1639.
Borqs Technologies Inc. (NASDAQ: BRQS) Key Stats
The company with the Market Capitalisation of 4.95 million has total of 115,163K Shares Outstanding. Its annual sales at the moment are 29,560 K in contrast with the sum of -35,500 K annual income. Company’s last quarter sales were recorded -14,467 K and last quarter income was -72,285 K.
