After finishing at $0.24 in the prior trading day, Borqs Technologies Inc. (NASDAQ: BRQS) closed at $0.24, down -0.25%. In other words, the price has decreased by -$0.0006 from its previous closing price. On the day, 787063 shares were traded. BRQS stock price reached its highest trading level at $0.2580 during the session, while it also had its lowest trading level at $0.2400.
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Ratios:
Our goal is to gain a better understanding of BRQS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.70.
Upgrades & Downgrades
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20.
Stock Price History:
Over the past 52 weeks, BRQS has reached a high of $7.36, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is 0.2828, while the 200-Day Moving Average is calculated to be 0.9468.
Shares Statistics:
The stock has traded on average 1.90M shares per day over the past 3-months and 4.53M shares per day over the last 10 days, according to various share statistics. A total of 35.00M shares are outstanding, with a floating share count of 29.44M. Insiders hold about 15.90% of the company’s shares, while institutions hold 0.60% stake in the company. Shares short for BRQS as of Jan 30, 2023 were 731.52k with a Short Ratio of 0.65M, compared to 393.06k on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.92% and a Short% of Float of 4.01%.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for BRQS’s current fiscal year. The highest revenue estimate was $264.21M, while the lowest revenue estimate was $264.21M, resulting in an average revenue estimate of $264.21M. In the same quarter a year ago, actual revenue was $154.31M, up 71.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $346.6M in the next fiscal year. The high estimate is $346.6M and the low estimate is $346.6M. The average revenue growth estimate for next year is up 31.20% from the average revenue estimate for this year.
