Home Trending Stocks What Is Driving The Powerbridge (PBTS) Stock Higher In Premarket session?

What Is Driving The Powerbridge (PBTS) Stock Higher In Premarket session?

At the last check, Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS) shares were rising 10.71% to trade at $1.55 in premarket trades. The Powerbridge stock closed at $1.40 in Thursday’s session after declining by -11.39%.

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The PBTS stock volume fell to 0.64 million shares compared with its 50-day average daily volume of 1.09 million shares. Current news has not put PBTS stock on the rise, so the recent moves are important.

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Recent moves:

Technology Solutions and Services Provider Powerbridge provides the software applications and services to the corporate as well as government sectors in China.

The PBTS team has constantly innovated and delivered services and solutions to address the needs of our thousands of customers since its inception. In order to simplify global trade, PBTS empowers the ecosystem’s players.

With the launch of new products and solutions including Smart Lamp Pole and Smart City Operation Platform for smart cities, Powerbridge recently announced a new Smart Connected City application.

The PBTS Smart City Platform integrates 5G, IoT, smart lamp poles, Big Data Platform, and artificial intelligence to promote city interconnectedness and efficiency, as well as to make city life more connected for residents.

Smart Connected City by PBTS provides city management with valuable data in a convenient and efficient format for day-to-day decision-making.

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How it will help PBTS?

Powerbridge (PBTS) is well-positioned to introduce its Smart City Operation Platform in the near future. Through leverage of its expertise and resources with municipal clients, PBTS will be able to attract the interest of Chinese provincial and city leaders to help digitalize a better future for Chinese cities.

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