Boqii Stock Scheduled to Reverse Split on Tuesday, January 21st (NYSE:BQ)

Shares of Boqii Holding Limited (NYSE:BQ) are set to reverse split on the morning of Tuesday, January 21st. The 1-10 reverse split was announced on Monday, January 13th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, January 20th.

Boqii Stock Down 8.7 %

Shares of Boqii stock traded down $0.03 during trading on Monday, hitting $0.31. 124,417 shares of the company’s stock traded hands, compared to its average volume of 159,345. Boqii has a twelve month low of $0.22 and a twelve month high of $0.74. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.86 and a quick ratio of 3.10. The firm’s fifty day moving average price is $0.40 and its 200 day moving average price is $0.39.

Hedge Funds Weigh In On Boqii

An institutional investor recently bought a new position in Boqii stock. Renaissance Technologies LLC purchased a new position in shares of Boqii Holding Limited (NYSE:BQ) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 55,864 shares of the company’s stock, valued at approximately $29,000. Renaissance Technologies LLC owned about 1.18% of Boqii at the end of the most recent reporting period. 1.06% of the stock is currently owned by institutional investors.

Boqii Company Profile

Boqii Holding Limited operates a pet-focused platform in the People's Republic of China. The company offers food, treats, shampoos, toys, cages, apparel, OTC veterinary drugs, and other pet products to pet parents, and small and medium pet businesses through e-commerce platforms and offline distribution network.