Boqii Holding Limited ADR (AMEX: BQ) has experienced a rise in its stock price by 8.16 compared to its previous closing price of 0.32. However, the company has seen a gain of 16.26% in its stock price over the last five trading days. Seeking Alpha reported 2023-06-27 that Boqii Holding Limited (NYSE:BQ ) Q4 2023 Earnings Conference Call June 27, 2023 8:00 AM ET Company Participants Mandy Luo – Head of Investor Relations Lisa Tang – Co-CEO and CFO Conference Call Participants Matt Maa – China Securities Operator Good day, ladies and gentlemen, thank you for standing by and welcome to Boqii’s Second Half and Fiscal Year 2023 Earnings Conference Call. Currently all participants are in listen-only mode.
Is It Worth Investing in Boqii Holding Limited ADR (AMEX: BQ) Right Now?
BQ has 36-month beta value of 0.78. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BQ is 4.52M, and currently, short sellers hold a 0.11% ratio of that float. The average trading volume of BQ on May 08, 2024 was 590.98K shares.
BQ’s Market Performance
The stock of Boqii Holding Limited ADR (BQ) has seen a 16.26% increase in the past week, with a 43.45% rise in the past month, and a 22.52% gain in the past quarter. The volatility ratio for the week is 17.13%, and the volatility levels for the past 30 days are at 13.57% for BQ. The simple moving average for the past 20 days is 25.34% for BQ’s stock, with a -81.98% simple moving average for the past 200 days.
Analysts’ Opinion of BQ
ROTH Capital, on the other hand, stated in their research note that they expect to see BQ reach a price target of $10. The rating they have provided for BQ stocks is “Buy” according to the report published on October 27th, 2020.
BQ Trading at 31.45% from the 50-Day Moving Average
After a stumble in the market that brought BQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.15% of loss for the given period.
Volatility was left at 13.57%, however, over the last 30 days, the volatility rate increased by 17.13%, as shares surge +40.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.50% upper at present.
During the last 5 trading sessions, BQ rose by +16.26%, which changed the moving average for the period of 200-days by -93.82% in comparison to the 20-day moving average, which settled at $0.2811. In addition, Boqii Holding Limited ADR saw -25.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BQ
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.68.
Conclusion
To put it simply, Boqii Holding Limited ADR (BQ) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
