Boqii (NYSE:BQ) Stock Price Up 2.3% – Here’s What Happened

Boqii Holding Limited (NYSE:BQ)’s stock price rose 2.3% during mid-day trading on Monday . The company traded as high as $0.33 and last traded at $0.30. Approximately 129,341 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 733,796 shares. The stock had previously closed at $0.29.

Boqii Stock Up 2.3 %

The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.10 and a current ratio of 3.86. The firm has a 50 day moving average of $0.44 and a two-hundred day moving average of $0.41.

Hedge Funds Weigh In On Boqii

A hedge fund recently bought a new stake in Boqii stock. Renaissance Technologies LLC purchased a new stake in Boqii Holding Limited (NYSE:BQ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 55,864 shares of the company’s stock, valued at approximately $29,000. Renaissance Technologies LLC owned 1.18% of Boqii at the end of the most recent reporting period. Institutional investors own 1.06% of the company’s stock.

About Boqii

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.