Boku (LON:BOKU) Stock Price Down 3.7% – Should You Sell?

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

Analysts Set New Price Targets

Several brokerages have recently commented on BOKU. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 300 target price on shares of Boku in a research report on Thursday, January 22nd. 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. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Boku presently has an average rating of “Buy” and an average price target of GBX 314.

Boku Trading Down 3.7%

The company has a current ratio of 1.28, a quick ratio of 1.38 and a debt-to-equity ratio of 2.68. The business’s fifty day simple moving average is GBX 207.21 and its 200 day simple moving average is GBX 217.08. The stock has a market cap of £495.45 million, a P/E ratio of 33.80 and a beta of -0.11.

Insider Activity at Boku

In other Boku news, insider Jonathan Peter Prideaux sold 250,000 shares of the stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of GBX 213, for a total value of £532,500. Over the last three months, insiders sold 1,000,000 shares of company stock valued at $219,850,000. Corporate insiders own 5.63% of the company’s stock.

Boku Company Profile