Boku (LON:BOKU) Shares Down 3.7% – Should You Sell?

Boku, Inc. (LON:BOKU) shares dropped 3.7% on Wednesday . The stock traded as low as GBX 169 and last traded at GBX 169. Approximately 333,524 shares were traded during trading, a decline of 61% from the average daily volume of 862,986 shares. The stock had previously closed at GBX 175.50.

Wall Street Analysts Forecast Growth

Several analysts have commented on BOKU shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 324 target price on shares of Boku in a research report on Thursday, January 22nd. Berenberg Bank restated a “buy” rating and set a GBX 300 price target on shares of Boku in a report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 314.

Boku Price Performance

The company has a market capitalization of £494.86 million, a P/E ratio of 33.76 and a beta of -0.11. The stock’s fifty day simple moving average is GBX 205.32 and its 200-day simple moving average is GBX 216.34. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.28 and a quick ratio of 1.38.

Insiders Place Their Bets

In related news, insider Jonathan Peter Prideaux sold 250,000 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of GBX 213, for a total transaction of £532,500. In the last ninety days, insiders sold 1,000,000 shares of company stock worth $219,850,000. 5.63% of the stock is owned by corporate insiders.

Boku Company Profile