Volatility Is Your Friend: Boqii Holding Limited ADR (BQ) Is Hot Again

Boqii Holding Limited ADR (AMEX:BQ) does about 721.40K shares in volume on a normal day but saw 745418 shares change hands in the recent trading day. The company now has a market cap of 1.92M USD. Its current market price is $0.37, marking no change compared to the previous close of $0.37. The 52 week high reached by this stock is $3.64 whilst the lowest price level in 52 weeks is $0.22.

Boqii Holding Limited ADR (BQ) has a 20-day trading average at $0.3395 and the current price is -89.84% off the 52-week high compared with 65.18% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3280 and its 200-day simple moving average is $0.3836. If we look at the stock’s price movements over the week, volatility stands at 8.87%, which increases to 10.16% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.77 to suggest the stock is neutral.

The consensus objective for the share price is $58.77, suggesting that the stock has a potential upside of 99.37% over the period.

The current price level is 9.92%, 12.54%, and -5.70% away from its SMA20, SMA50, and SMA200 respectively, with the BQ price moving below the 50-day SMA on current market day. Boqii Holding Limited ADR (BQ) stock is up 2.78% over the week and 15.62% over the past month. Its price is -19.83% year-to-date and -88.86% over the past year.

To reach the target analysts have set, the stock logically needs to grow 99.37 percent from here.

Outstanding shares total 5.20M with insiders holding 0.00% of the shares and institutional holders owning 18.44% of the company’s common stock. The beta has a value of 1.01. Price to book ratio is 0.06.