Boqii Holding Limited ADR (BQ): A Technical Analysis

BQ has 36-month beta value of 1.06. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for BQ is 8.56M, and currently, short sellers hold a 0.19% ratio of that float. The average trading volume of BQ on December 26, 2024 was 643.75K shares.

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BQ) stock’s latest price update

The stock of Boqii Holding Limited ADR (AMEX: BQ) has increased by 18.19 when compared to last closing price of 0.30.Despite this, the company has seen a gain of 18.23% in its stock price over the last five trading days. prnewswire.com reported 2024-10-29 that SHANGHAI, Oct. 29, 2024 /PRNewswire/ — Boqii Holding Limited (“Boqii” or the “Company”) (NYSE: BQ), a leading pet-focused platform in China, today announced that it filed its annual report on Form 20-F (the “Annual Report”) for the fiscal year ended March 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on October 29, 2024. The Annual Report can be accessed on the Company’s investor relations website at http://ir.boqii.com/ and on the SEC’s website at https://www.sec.gov/.

BQ’s Market Performance

Boqii Holding Limited ADR (BQ) has seen a 18.23% rise in stock performance for the week, with a -20.90% decline in the past month and a -13.49% plunge in the past quarter. The volatility ratio for the week is 12.64%, and the volatility levels for the past 30 days are at 11.39% for BQ. The simple moving average for the past 20 days is 2.39% for BQ’s stock, with a -6.54% 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 -16.80% 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 -52.07% of loss for the given period.

Volatility was left at 11.39%, however, over the last 30 days, the volatility rate increased by 12.64%, as shares sank -18.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.46% lower at present.

During the last 5 trading sessions, BQ rose by +19.77%, which changed the moving average for the period of 200-days by +47.50% in comparison to the 20-day moving average, which settled at $0.3467. In addition, Boqii Holding Limited ADR saw -23.14% 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 3.86.

Conclusion

To put it simply, Boqii Holding Limited ADR (BQ) has had a bad performance in recent times. Analysts have a bullish 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.

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