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

Shares of Boqii Holding Limited (NYSE:BQ) are going 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 closing bell on Monday, January 20th.

Boqii Stock Performance

BQ stock opened at $0.30 on Friday. The stock has a 50-day moving average price of $0.39 and a two-hundred day moving average price of $0.39. Boqii has a 1 year low of $0.22 and a 1 year high of $0.74. The company has a current ratio of 3.12, a quick ratio of 2.60 and a debt-to-equity ratio of 0.18.

Institutional Investors Weigh In On Boqii

An institutional investor recently bought a new position in Boqii stock. Renaissance Technologies LLC acquired a new stake in Boqii Holding Limited (NYSE:BQ) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 55,864 shares of the company’s stock, valued at approximately $29,000. Renaissance Technologies LLC owned about 1.18% of Boqii as of its most recent SEC filing. 1.06% of the stock is owned by hedge funds and other 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.