Boqii Holding Limited ADR (BQ): Are Investors Missing The Big Picture?

Boqii Holding Limited ADR (AMEX:BQ) does about 675.38K shares in volume on a normal day but saw 1533314 shares change hands in the recent trading day. The company now has a market cap of 2.04M USD. Its current market price is $0.39, marking a decrease of -4.15% compared to the previous close of $0.41. 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 $0.3531 and the current price is -89.20% off the 52-week high compared with 75.45% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3284 and its 200-day simple moving average is $0.3570. If we look at the stock’s price movements over the week, volatility stands at 11.27%, which decreases to 10.82% 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 58.46 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 99.34% over the period.

The current price level is 12.62%, 19.73%, and 7.35% 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 4.63% over the week and 30.87% over the past month. Its price is -14.84% year-to-date and -88.09% over the past year.

The stock last released its quarterly earnings report for quarter ended 3/31/2022, with the company’s earnings per share (EPS) of -0.31 above consensus estimates by 0.15. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $37.54M, which analysts say will come at $178.48M for the current fiscal year and next year at $205.76M. In addition, estimates put the company’s current quarterly revenue at an average of $44.26M.

To reach the target analysts have set, the stock logically needs to grow 99.34 percent from here.

The beta has a value of 1.03. Price to book ratio is 0.06.