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.
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.
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