Boqii Holding Limited ADR (AMEX:BQ) shares, rose in value, with the stock price up by 6.35% to the previous day’s close as strong demand from buyers drove the stock to $0.30.
Actively observing the price movement in the last trading, the stock closed the session at $0.28. Referring to stock’s 52-week performance, its high was $7.13, and the low was $0.22. On the whole, BQ has fluctuated by 24.53% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 178.48M, with a low estimate of 45.21M and a high estimate of 45.21M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 44.26M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BQ’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of BQ currently trading nearly 18.28% and 13.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.49, while the 7-day volatility ratio is showing 15.86% which for the 30-day chart, stands at 9.98%. Furthermore, Boqii Holding Limited ADR (BQ)’s beta value is 0.79, and its average true range (ATR) is 0.03.
A comparison of Boqii Holding Limited ADR (BQ) with its peers suggests the former has fared considerably weaker in the market. BQ showed an intraday change of 6.35% in last session, and over the past year, it shrunk by -94.71%%.
Data on historical trading for Boqii Holding Limited ADR (AMEX:BQ) indicates that the trading volumes over the past 3 months, they’ve averaged 542.06K. According to company’s latest data on outstanding shares, there are 5.20 million shares outstanding.
Nearly 13.09% of Boqii Holding Limited ADR’s shares belong to company insiders and institutional investors own 0.96% of the company’s shares. The stock has fallen by -34.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BQ stock heading into the next quarter.
