Boku (LON:BOKU) Stock Crosses Below 50 Day Moving Average – What’s Next?

Boku, Inc. (LON:BOKU – Get Free Report)’s share price passed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 128.04 and traded as low as GBX 128. Boku shares last traded at GBX 128, with a volume of 2,100,371 shares traded.

Wall Street Analyst Weigh In

BOKU has been the topic of several research reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 195 target price on shares of Boku in a report on Thursday, October 8th. Berenberg Bank upped their price objective on Boku from GBX 200 to GBX 210 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 263 price objective on shares of Boku in a report on Wednesday, September 23rd. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 222.67.

Check Out Our Latest Stock Report on BOKU

Boku Trading Down 0.8%

The business’s 50-day moving average price is GBX 128.04 and its two-hundred day moving average price is GBX 153.66. The firm has a market cap of £365.19 million, a price-to-earnings ratio of 32.00 and a beta of 0.10. The company has a debt-to-equity ratio of 3.43, a current ratio of 1.26 and a quick ratio of 1.38.

About Boku

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