Boku (LON:BOKU) Stock Price Up 0.6%

Boku, Inc. (LON:BOKU) shot up 0.6% during mid-day trading on Wednesday . The company traded as high as GBX 183.80 ($2.29) and last traded at GBX 181 ($2.25). 215,492 shares were traded during mid-day trading, a decline of 63% from the average session volume of 577,749 shares. The stock had previously closed at GBX 180 ($2.24).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 ($2.61) price objective on shares of Boku in a report on Tuesday, January 23rd.

Boku Stock Up 0.6 %

The firm has a market capitalization of £543.98 million, a price-to-earnings ratio of 6,033.33 and a beta of -0.17. The business’s fifty day moving average price is GBX 169.47 and its 200 day moving average price is GBX 152.59. The company has a current ratio of 1.27, a quick ratio of 1.38 and a debt-to-equity ratio of 2.29.

Insider Buying and Selling at Boku

In other news, insider Jonathan Peter Prideaux sold 141,554 shares of the firm’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of GBX 183 ($2.28), for a total value of £259,043.82 ($322,474.57). 9.77% of the stock is owned by company insiders.

About Boku

Boku, Inc provides local payment solutions for merchants. The company offers mobile payments solutions, including mobile wallets, direct carrier billing, and real-time payments schemes. It also provides mobile identity and authentication solutions. The company connects its customers with mobile network operators.