This Analyst Recently Issued Research Note On Boqii Holding Limited (BQ)

As of Friday close, Boqii Holding Limited’s (NYSE:BQ) stock was up $0.7, moving up 34.87 percent to $2.71. The average number of shares traded per day over the past five days has been 2,157,860 shares. 3 times new highs have been achieved over the past 5 days, with a $0.87 gain in that time frame. In the last twenty days, the average volume was 551,585, while in the previous 50 days, it was 305,039.

Since last month, BQ stock rose 41.15%. Shares of the company fell to $1.66 on 08/01/22, the lowest level in the past month. A 52-week high of $18.78 was reached on 01/03/22 after having rallying from a 52-week low of $1.33. Since the beginning of this year, BQ’s stock price has dropped by -48.78% or -$2.58, and marked a new high 1 time. However, the stock has declined by -85.57% since its 52-week high.


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Financial Health

In the three months ended March 30, Boqii Holding Limited’s quick ratio stood at 1.50, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.54, and the total debt-to-equity ratio was 2.53. On the profitability front, the trailing twelve-month gross margin is 20.50% percent. In the year ended March 30, operating margins totaled -17.90%. Based on annual data, BQ earned $38.29 million in gross profit and brought in $187.15 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -29.60%. Return on equity (ROE) for the past 12 months was -5.60%.

In Boqii Holding Limited’s quarter-end financial report for March 30, it reported total debt of $10.39 million against cash and short-term investments of $25.73 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. BQ’s revenue rose 17.55% during the quarter, while net income inched up to $187.15 million. While analysts expected Boqii Holding Limited to report -$0.35 quarterly earnings, the actual figure was -$0.23 per share, beating the consensus estimate by 34.30%. During the quarter, the company generated -$4.1 million in EBITDA. The liabilities of Boqii Holding Limited were 84.63 million at the end of its most recent quarter ended March 30, and its total debt was $380.39 million.

Technical Picture

This quick technical analysis looks at Boqii Holding Limited’s (BQ) price momentum. With a historical volatility rate of 314.63%, the RSI 9-day stood at 63.90% on 05 August.

With respect to its five-day moving average, the current Boqii Holding Limited price is up by +47.27% percent or $0.87. At present, BQ shares trade +41.88% above its 20-day simple moving average and -1.81% percent below its 100-day simple moving average. However, the stock is currently trading approximately +79.95% above its SMA50 and -79.28% below its SMA200.

Stochastic coefficient K was 46.42% and Stochastic coefficient D was 54.76%, while ATR was 0.51. Given the Stochastic reading of 46.88% for the 14-day period, the RSI (14) reading has been calculated as 62.34%. As of today, the MACD Oscillator reading stands at 0.19, while the 14-day reading stands at 0.24.

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