Boqii Holding Limited ADR (AMEX: BQ) Surprised Bears With Its Forecast.

In the last trading session, 3.2 million shares of the Boqii Holding Limited ADR (AMEX:BQ) were traded, and its beta was 0.99. Most recently the company’s share price was $0.62, and it changed around $0.16 or 34.54% from the last close, which brings the market valuation of the company to $3.22M. BQ currently trades at a discount to its 52-week high of $3.64, offering almost -487.1% off that amount. The share price’s 52-week low was $0.22, which indicates that the current value has risen by an impressive 64.52% since then. We note from Boqii Holding Limited ADR’s average daily trading volume that its 10-day average is 1.39 million shares, with the 3-month average coming to 644.33K.

Boqii Holding Limited ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BQ as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Boqii Holding Limited ADR is expected to report earnings per share of 0 for the current quarter.

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Boqii Holding Limited ADR (AMEX:BQ) trade information

Instantly BQ has showed a green trend with a performance of 34.54% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.6390 on recent trading dayincreased the stock’s daily price by 2.97%. The company’s shares are currently up 34.28% year-to-date, but still up 57.68% over the last five days. On the other hand, Boqii Holding Limited ADR (AMEX:BQ) is 102.85% up in the 30-day period. We can see from the shorts that 0.18 million shares have been sold at a short interest cover period of 0.94 day(s).

Boqii Holding Limited ADR (BQ) estimates and forecasts

The year-over-year growth rate is expected to be 10.00%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 44.26M in revenue for the current quarter. 1 analysts expect Boqii Holding Limited ADR to make 37.54M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 44.72M and 39.2M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -1.00%. Forecasts for the next quarter put sales growth at -4.20%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 36.62%.

BQ Dividends

Boqii Holding Limited ADR’s next quarterly earnings report is expected to be released in November.