Boku (LON:BOKU) Shares Down 1% – Time to Sell?

Boku, Inc. (LON:BOKU) shares fell 1% during mid-day trading on Friday . The stock traded as low as GBX 178 and last traded at GBX 178.24. 351,601 shares were traded during trading, a decline of 65% from the average session volume of 1,001,629 shares. The stock had previously closed at GBX 180.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Canaccord Genuity Group restated a “buy” rating and set a GBX 324 target price on shares of Boku in a report on Wednesday, March 18th. Jefferies Financial Group lowered their price target on Boku from GBX 334 to GBX 311 and set a “buy” rating for the company in a report on Thursday, March 19th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 300 price objective on shares of Boku in a research report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Boku currently has an average rating of “Buy” and a consensus target price of GBX 310.75.

Boku Stock Down 1.0%

The firm’s 50 day moving average price is GBX 175.17 and its two-hundred day moving average price is GBX 203.70. The firm has a market capitalization of £522.60 million, a PE ratio of 44.56 and a beta of 0.06. The company has a quick ratio of 1.38, a current ratio of 1.28 and a debt-to-equity ratio of 3.55.

Boku Company Profile