The market has been down on Borqs Technologies Inc (BRQS) stock recently. BRQS gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 has gained 9.54% while the S&P 500 is lower by -0.22% as of 9:46 AM on Thursday, Feb 25. BRQS is up $0.16 from the previous closing price of $1.71 on volume of 575,875 shares. Over the past year the S&P 500 is up 57.89% while BRQS is lower by -53.94%. BRQS lost -$1.42 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Borqs Technologies Inc click here.
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 Yuantel 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, of which the majority of the revenue comes from India.
Click Here to get the full Stock Score Report on Borqs Technologies Inc (BRQS) Stock.
