Boqii Holding Limited ADR (AMEX: BQ)’s stock price has gone rise by 17.39 in comparison to its previous close of 0.46, however, the company has experienced a -11.48% decrease in its stock price over the last five trading days. seekingalpha.com reported 2023-12-20 that Boqii Holding Limited (BQ) Q2 2024 Earnings Call Transcript
Is It Worth Investing in Boqii Holding Limited ADR (AMEX: BQ) Right Now?
The 36-month beta value for BQ is also noteworthy at 1.05. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for BQ is 4.52M, and at present, short sellers hold a 5.07% of that float. The average trading volume of BQ on October 16, 2024 was 609.03K shares.
BQ’s Market Performance
BQ’s stock has seen a -11.48% decrease for the week, with a 40.26% rise in the past month and a 35.34% gain in the past quarter. The volatility ratio for the week is 30.91%, and the volatility levels for the past 30 days are at 19.80% for Boqii Holding Limited ADR. The simple moving average for the past 20 days is 17.17% for BQ’s stock, with a 50.96% 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 45.31% 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 -84.57% of loss for the given period.
Volatility was left at 19.80%, however, over the last 30 days, the volatility rate increased by 30.91%, as shares surge +50.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +100.07% upper at present.
During the last 5 trading sessions, BQ fell by -11.48%, which changed the moving average for the period of 200-days by +26.20% in comparison to the 20-day moving average, which settled at $0.4609. In addition, Boqii Holding Limited ADR saw 17.01% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BQ
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.68.
Conclusion
In summary, Boqii Holding Limited ADR (BQ) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
