Boku (LON:BOKU) Stock Price Down 3.7% – What’s Next?

Boku, Inc. (LON:BOKU) shares traded down 3.7% during trading on Wednesday . The company traded as low as GBX 169 and last traded at GBX 169. 333,524 shares traded hands during trading, a decline of 61% from the average session volume of 862,986 shares. The stock had previously closed at GBX 175.50.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 324 price objective on shares of Boku in a research note on Thursday, January 22nd. Berenberg Bank restated a “buy” rating and issued a GBX 300 price target on shares of Boku in a report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 314.

Boku Stock Down 3.7%

The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.38 and a current ratio of 1.28. The stock has a fifty day moving average price of GBX 207.21 and a 200-day moving average price of GBX 217.08. The firm has a market cap of £495.45 million, a PE ratio of 33.80 and a beta of -0.11.

Insider Activity

In related news, insider Jonathan Peter Prideaux sold 250,000 shares of Boku stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of GBX 213, for a total value of £532,500. Insiders sold 1,000,000 shares of company stock worth $219,850,000 over the last 90 days. 5.63% of the stock is currently owned by insiders.

Boku Company Profile