Boku (LON:BOKU) Stock Price Up 0.4% – Here’s What Happened

Shares of Boku, Inc. (LON:BOKU) were up 0.4% during trading on Thursday . The stock traded as high as GBX 113 and last traded at GBX 112. 204,434 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 1,273,186 shares. The stock had previously closed at GBX 111.50.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BOKU. Canaccord Genuity Group decreased their price target on shares of Boku from GBX 324 to GBX 263 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Berenberg Bank reduced their price objective on shares of Boku from GBX 300 to GBX 200 and set a “buy” rating for the company in a report on Monday, July 13th. Four 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 a consensus price target of GBX 270.50.

Boku Stock Performance

The company has a current ratio of 1.28, a quick ratio of 1.38 and a debt-to-equity ratio of 3.55. The stock has a fifty day moving average price of GBX 112.39 and a 200-day moving average price of GBX 149.70. The firm has a market capitalization of £321.64 million, a price-to-earnings ratio of 28.00 and a beta of 0.10.

Insiders Place Their Bets

In related news, insider Stuart Paul Neal acquired 106,000 shares of the business’s stock in a transaction on Wednesday, July 8th. The stock was bought at an average cost of GBX 95 per share, with a total value of £100,700. Also, insider Rob Whittick bought 65,000 shares of Boku stock in a transaction dated Friday, July 10th. The stock was purchased at an average price of GBX 99 per share, for a total transaction of £64,350. Corporate insiders own 5.87% of the company’s stock.

Boku Company Profile