Boku (LON:BOKU) Stock Falls 1.5% – Time to Sell?

Shares of Boku, Inc. (LON:BOKU – Get Free Report) were down 1.5% during mid-day trading on Thursday. The company traded as low as GBX 128 and last traded at GBX 129. 2,330,985 shares were traded during trading, an increase of 86% from the average daily volume of 1,253,874 shares. The stock had previously closed at GBX 131.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 263 price target on shares of Boku in a report on Wednesday, September 23rd. Jefferies Financial Group restated a “buy” rating and set a GBX 195 price objective on shares of Boku in a research report on Thursday, October 8th. Finally, Berenberg Bank increased their target price on Boku from GBX 200 to GBX 210 and gave the company a “buy” rating in a research report on Wednesday, September 23rd. Three equities research analysts have rated the stock with a Buy rating. According to MarketBeat, Boku presently has an average rating of “Buy” and an average target price of GBX 222.67.

Get Our Latest Stock Report on BOKU

Boku Stock Down 1.5%

The company has a market cap of £368.04 million, a price-to-earnings ratio of 32.25 and a beta of 0.10. The stock’s 50-day moving average is GBX 127.74 and its 200-day moving average is GBX 154.12. The company has a current ratio of 1.26, a quick ratio of 1.38 and a debt-to-equity ratio of 3.43.

About Boku

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