Borqs Technologies Inc (Nasdaq:BRQS)
August 8th, 2018
Borqs Technologies Inc closed Sunday up 17.47%, a $0.76 increase to close on $5.11. While it is positive news the stock ended higher, the trading volumes were only 0.00% of normal which could be an indication of investor uncertainty.
BRQS outperformed the rest of the Information Technology sector which went up 0.33% today.
Borqs Technologies Inc Info
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. The company develops wireless smart connected devices and cloud solutions; and provides a range of 2G/3G/4G voice and data services for general consumer usage and Internet-of-things devices, as well as telecom services, such as voice conferencing. It also offers commercial grade Android platform software and service solutions for mobile chipset manufacturers, mobile device OEMs, and mobile operators, as well as mobile connected device solutions for use in enterprise and consumer applications. In addition, it sells hardware products. Borqs Technologies, Inc. is headquartered in Beijing, China.
All amounts in USD unless otherwise indicated
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