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

Shares of Boqii Holding Limited (NYSE:BQ) are set to reverse split before the market opens on 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 closing bell on Monday, January 20th.

Boqii Trading Down 8.7 %

BQ stock traded down $0.03 during midday trading on Monday, reaching $0.31. The company had a trading volume of 124,417 shares, compared to its average volume of 159,345. The company has a 50 day moving average of $0.40 and a two-hundred day moving average of $0.39. The company has a quick ratio of 3.10, a current ratio of 3.86 and a debt-to-equity ratio of 0.17. Boqii has a 1 year low of $0.22 and a 1 year high of $0.74.

Institutional Investors Weigh In On Boqii

A hedge fund recently bought a new stake in Boqii stock. Scientech Research LLC acquired a new stake in Boqii Holding Limited (NYSE:BQ) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 77,963 shares of the company’s stock, valued at approximately $41,000. Scientech Research LLC owned about 1.65% of Boqii at the end of the most recent quarter. 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.