Boku (LON:BOKU) Stock Price Down 1.4% – What’s Next?

Shares of Boku, Inc. (LON:BOKUGet Free Report) dropped 1.4% during trading on Wednesday . The stock traded as low as GBX 202 and last traded at GBX 202.60. Approximately 237,686 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 809,165 shares. The stock had previously closed at GBX 205.50.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BOKU. Canaccord Genuity Group reissued a “buy” rating and set a GBX 324 target price on shares of Boku in a research report on Thursday, January 22nd. Berenberg Bank reissued a “buy” rating and set a GBX 300 price objective on shares of Boku in a report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Boku currently has an average rating of “Buy” and an average price target of GBX 314.

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Boku Stock Performance

The company has a market capitalization of £594.42 million, a P/E ratio of 40.52 and a beta of -0.11. The company has a current ratio of 1.27, a quick ratio of 1.38 and a debt-to-equity ratio of 2.29. The company’s fifty day moving average is GBX 214.05 and its 200 day moving average is GBX 221.06.

Insider Activity at Boku

In related news, insider Jonathan Peter Prideaux sold 350,000 shares of the business’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of GBX 227, for a total transaction of £794,500. Insiders sold 1,000,000 shares of company stock valued at $219,850,000 over the last three months. 5.62% of the stock is owned by company insiders.

Boku Company Profile

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Further Reading

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