Stocks like Powerbridge Technologies Co. Ltd. [PBTS] still have plenty of sunny days ahead

Stocks of Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS) traded higher last session on Wall Street, down -14.78% to $0.31.

According to the data, Powerbridge Technologies Co. Ltd. (NASDAQ:PBTS) has 1 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $210.00 and a low of $210.00, we find $210.00. Given the previous closing price of $0.36, this indicates a potential upside of 58233.33 percent. PBTS stock price is now -75.38% away from the 50-day moving average and -89.57% away from the 200-day moving average. The market capitalization of the company currently stands at $10.23M.

A total of 0 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $210.00 as their price target over the next twelve months.

There have been several recent changes in the stakes of large investors in PBTS stock.

Wednesday’s opening bell rang with an opening price of $0.3641 for Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS). During the past 12 months, Powerbridge Technologies Co. Ltd. has had a low of $0.30 and a high of $66.30. The fifty day moving average price for PBTS is $1.1785 and a two-hundred day moving average price translates $2.8772 for the stock.

The latest earnings results from Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS) was released for Dec, 2022.

Powerbridge Technologies Co. Ltd.(PBTS) Company Profile

Powerbridge Technologies Co., Ltd. provides software application and technology solutions and services primarily in China. It offers Powerbridge Digital Solutions that include Trade Enterprise and Trade Compliance, as well as Import & Export Loan and Insurance Processing for customers to streamline their trade operations, trade logistics, and regulatory compliance. The company also provides Powerbridge Software-as-a-Service solutions, which comprise Logistics Service Cloud and Trade Zone Operations Cloud, as well as Inward Processed Manufacturing Cloud, Cross-Border eCommerce Cloud, and Import & Export Loan; and Powerbridge Blockchain-as-a-Service solutions that include Compliance Blockchain and Supply Chain Blockchain Services. It serves international trade businesses and manufacturers, customs and government agencies and authorities, and logistics service and other providers. The company sells its solutions and services through its direct sales organization, indirect channel partners, and strategic government partners. Powerbridge Technologies Co., Ltd. was founded in 1997 and is headquartered in Zhuhai, China.

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