The market has been high on Borqs Technologies Inc (BRQS) stock recently. BRQS gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
Borqs Technologies Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BRQS!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With BRQS Stock Today?
Borqs Technologies Inc (BRQS) stock is trading at $1.54 as of 11:09 AM on Thursday, May 21, a gain of $0.20, or 15.36% from the previous closing price of $1.34. The stock has traded between $1.32 and $1.61 so far today. Volume today is more active than usual. So far 479,618 shares have traded compared to average volume of 382,334 shares.
To see InvestorsObserver's Sentiment Score for Borqs Technologies Inc click here.
More About Borqs Technologies Inc
Borqs Technologies Inc operates as a software developer company. It is engaged in software, development services, and products providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. The company's segments include Yuantel and Connected Solution. Borqs derives most of its revenues from its Connected Solution. It has an operational presence across China, India, the United States, and the rest of the world.
