Boku (LON:BOKU) Trading 4.1% Higher – What’s Next?

Boku, Inc. (LON:BOKU)’s share price shot up 4.1% during trading on Tuesday . The stock traded as high as GBX 166 and last traded at GBX 165.50. 616,622 shares were traded during trading, a decline of 45% from the average session volume of 1,129,936 shares. The stock had previously closed at GBX 159.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Jefferies Financial Group cut their price objective on Boku from GBX 334 to GBX 311 and set a “buy” rating for the company in a report on Thursday, March 19th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 324 price objective on shares of Boku in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Boku has a consensus rating of “Buy” and an average target price of GBX 310.75.

Boku Stock Performance

The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.38 and a current ratio of 1.28. The business has a 50 day moving average price of GBX 170.73 and a two-hundred day moving average price of GBX 193.64. The company has a market cap of £491.37 million, a P/E ratio of 41.38 and a beta of 0.11.

Boku Company Profile