Borqs Technologies (BRQS) Receives Daily Media Sentiment Rating of 0.00

News articles about Borqs Technologies (NASDAQ:BRQS) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Borqs Technologies earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.0436500671657 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, Zacks Investment Research upgraded Borqs Technologies from a “hold” rating to a “buy” rating and set a $9.00 price target on the stock in a report on Tuesday, May 1st.

Borqs Technologies remained flat at $$5.59 during midday trading on Thursday, Marketbeat reports. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.10. Borqs Technologies has a 12 month low of $4.00 and a 12 month high of $10.50.

Borqs Technologies (NASDAQ:BRQS) last released its earnings results on Tuesday, May 15th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The firm had revenue of $58.26 million during the quarter, compared to analysts’ expectations of $45.95 million. equities research analysts forecast that Borqs Technologies will post 0.26 earnings per share for the current year.

About Borqs Technologies

Borqs Technologies, Inc, through its subsidiaries, provides development services, software solutions, and products for Android-based smart connected devices in China, India, the United States, and internationally. It operates through two segments, Mobile Virtual Network Operator Services and Connected Solutions.

Receive News & Ratings for Borqs Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Borqs Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply