(BRQSF) Borqs Technologies - Ratings and Ratios

Borqs Technologies, Inc. is a provider of Android-based smart connected devices and cloud service solutions, catering to a diverse range of industries and applications globally. The companys software platform, BorqsWare, is designed to address the specific needs of various vertical market segments, offering a tailored solution for different use cases. With a client-server architecture, BorqsWare enables customers to develop their own mobile end-to-end services for their devices, providing a comprehensive and integrated solution.

As a key player in the Application Software sub-industry, Borqs Technologies serves a broad customer base, including mobile chipset manufacturers, mobile device original equipment manufacturers, and mobile operators, as well as enterprise and consumer applications. With its headquarters in Kwun Tong, Hong Kong, the company has established itself as a significant entity in the tech industry since its founding in 2007. For more information, visit https://www.borqs.com.

Analyzing the available data, its evident that Borqs Technologies is facing challenges, as reflected in its financials. With a Market Cap of $5.16M USD and a P/E ratio of 0.32, the companys valuation is relatively low. The negative RoE of -267.43 indicates significant losses, which is a concern. However, the absence of a Forward P/E ratio suggests that the company may not be expected to generate profits in the near future.

From a technical standpoint, the stocks Last Price is $0.18, with SMA20, SMA50, and SMA200 at $0.20, $0.21, and $0.20, respectively. The ATR of 0.03, equivalent to 14.78%, indicates relatively high volatility. The 52-week high and low prices are $0.30 and $0.10, respectively, suggesting a significant price range. Based on these technical and fundamental indicators, its likely that the stock will continue to experience volatility, potentially trading within the range of $0.15 to $0.25 in the short term. A potential forecast could be that the stock may stabilize around $0.20 if the company addresses its financial challenges and improves its profitability.