Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS)’s traded shares stood at 8.67 million during the last session. At the close of trading, the stock’s price was $0.09, to imply a decrease of -7.07% or -$0.01 in intraday trading. The PBTS share’s 52-week high remains $2.21, putting it -2355.56% down since that peak but still an impressive 11.11% since price per share fell to its 52-week low of $0.08. The company has a valuation of $20.76M, with an average of 15.27 million shares in intraday trading volume over the past 10 days and average of 14.81 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Powerbridge Technologies Co. Ltd. (PBTS), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give PBTS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.
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Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS) trade information
After registering a -7.07% downside in the last session, Powerbridge Technologies Co. Ltd. (PBTS) has traded red over the past five days. The stock hit a weekly high of 0.1050 this Wednesday, 03/15/23, dropping -7.07% in its intraday price action. The 5-day price performance for the stock is -10.51%, and -8.82% over 30 days. With these gigs, the year-to-date price performance is -8.28%. Short interest in Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS) saw shorts transact 5.26 million shares and set a 0.33 days time to cover.
Analysts on Wall Street suggest a consensus price target of $7.00, implying an increase of 98.71% to the stock’s current value. The extremes give us $7.00 and $7.00 for target low and target high price respectively. As such, PBTS has been trading -7677.78% off suggested target high and -7677.78% from its likely low.
Powerbridge Technologies Co. Ltd. (PBTS) estimates and forecasts
Powerbridge Technologies Co. Ltd. has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Powerbridge Technologies Co. Ltd. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS)’s Major holders
Powerbridge Technologies Co. Ltd. insiders hold 71.76% of total outstanding shares, with institutional holders owning 0.62% of the shares at 2.20% float percentage. In total, 0.62% institutions holds shares in the company, led by Invesco Ltd. As of Sep 29, 2022, the company held over 0.11 million shares (or 0.24% of shares), all amounting to roughly $52582.0.
The next major institution holding the largest number of shares is UBS Group AG with 0.1 million shares, or about 0.22% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $10276.0.
Going by data provided on Nov 29, 2022, Fidelity NASDAQ Composite Index Fund holds roughly 44173.0 shares. This is just over 0.10% of the total shares, with a market valuation of $6007.0