Boku (LON:BOKU) Stock Price Down 0.8% – Should You Sell?

Boku, Inc. (LON:BOKU) was down 0.8% during trading on Thursday . The company traded as low as GBX 175 ($2.22) and last traded at GBX 177.50 ($2.25). Approximately 97,529 shares changed hands during trading, a decline of 78% from the average daily volume of 444,389 shares. The stock had previously closed at GBX 179 ($2.27).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 230 ($2.92) target price on shares of Boku in a research report on Friday, August 9th.

Boku Stock Down 0.8 %

The stock’s 50-day moving average is GBX 173.44 and its 200-day moving average is GBX 176.08. The stock has a market cap of £533.49 million, a P/E ratio of 8,875.00 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.

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.