Here’s Why Boqii Holding Limited ADR (AMEX: BQ) Is An Attractive Investment Right Now

The trading price of Boqii Holding Limited ADR (AMEX:BQ) closed higher on Friday, April 19, closing at $0.30, 12.38% higher than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $7.13 and a 52-week low of $0.22. Over the past month, the stock has gained 15.56% in value.

Boqii Holding Limited ADR, whose market valuation is $1.55 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Boqii Holding Limited ADR No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest BQ has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that BQ’s price is currently 19.62% off the SMA20 and 11.99% off the SMA50. The RSI metric on the 14-day chart is currently showing 63.83, and weekly volatility stands at 11.61%. When measured over the past 30 days, the indicator reaches 8.78%. Boqii Holding Limited ADR (AMEX:BQ)’s beta value is currently sitting at 0.81, while the Average True Range indicator is currently displaying 0.03.

To see how Boqii Holding Limited ADR stock has been performing in comparison to its peers in the industry, here are the numbers: BQ stock’s performance was 12.38% in the latest trading, and -92.68% in the past year.

An evaluation of the daily trading volume of Boqii Holding Limited ADR (AMEX:BQ) indicates that the 3-month average is 499.81K.

Currently, records show that 5.20 million of the company’s shares remain outstanding. The insiders hold 13.09% of outstanding shares, whereas institutions hold 0.96%. However, since the stock’s price has seen -35.47% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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