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PBTS - Powerbridge Technologies Seeks To Continue Revenue Growth Trend
Powerbridge Technologies Co. Ltd.
Quick Take
Powerbridge Technologies (PBTS) went public in the U.S. on April 2, 2019.
The firm provides trading software and related services to Chinese export firms.
In the first half of 2019, PBTS grew revenue sharply, but continued to produce net losses.
Investors will need to wait until we receive full-year results for 2019 before learning the effects of the U.S. China trade conflict and coronavirus outbreak on the firm's operations, so my bias on the stock is Neutral.
Company
Guangdong, China-based PBTS was founded in 1997 to make global trade easier and more cost-effective