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

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 Trading Up 2.1 %

NYSE:BQ opened at $0.30 on Friday. The stock’s 50-day simple moving average is $0.39 and its 200 day simple moving average is $0.39. Boqii has a 52-week low of $0.22 and a 52-week high of $0.74. The company has a quick ratio of 2.60, a current ratio of 3.12 and a debt-to-equity ratio of 0.18.

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) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm 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. Institutional investors own 1.06% of the company’s stock.

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.