Overall market sentiment has been neutral on Borqs Technologies Inc (BRQS) stock lately. BRQS receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Borqs Technologies Inc has a Neutral 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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With BRQS Stock Today?
Borqs Technologies Inc (BRQS) stock is trading at $1.30 as of 9:51 AM on Thursday, Aug 18, a drop of -$0.05, or -3.59% from the previous closing price of $1.35. The stock has traded between $1.28 and $1.34 so far today. Volume today is low. So far 362,896 shares have traded compared to average volume of 3,422,444 shares.
More About Borqs Technologies Inc
Borqs Technologies Inc operates as a software development 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 Solar and Connected Solution. Borqs derives most of its revenues from its Connected Solution which includes Software and Hardware. Its geographical segments include China, India, the United States, and the Rest of the World.
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