Boku (LON:BOKU) Reaches New 12-Month High - What's Next?

Key Points

• Boku, Inc. reached a new 52-week high of GBX 244.93 ($3.30), closing at GBX 243 ($3.28) with a trading volume of 493,884 shares.
• Several brokerages, including Peel Hunt and Canaccord Genuity Group, have reissued a "buy" rating for Boku, with price targets ranging from GBX 271 to GBX 308.
• The company's market capitalization stands at £725.50 million, alongside a PE ratio of 4,890.00 and a debt-to-equity ratio of 2.29.

Boku, Inc. (LON:BOKU - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 244.93 ($3.30) and last traded at GBX 243 ($3.28), with a volume of 493884 shares traded. The stock had previously closed at GBX 235 ($3.17).

Wall Street Analyst Weigh In

A number of brokerages recently commented on BOKU. Peel Hunt reissued a "buy" rating and set a GBX 308 price target on shares of Boku in a research note on Tuesday, September 30th. Canaccord Genuity Group reissued a "buy" rating and set a GBX 271 price target on shares of Boku in a research note on Tuesday, September 30th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 300 price objective on shares of Boku in a research report on Tuesday, September 30th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of GBX 293.

Boku Price Performance

The firm has a fifty day simple moving average of GBX 223.37 and a 200 day simple moving average of GBX 194.92. The company has a market capitalization of £725.50 million, a PE ratio of 4,890.00 and a beta of -0.11. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.38 and a current ratio of 1.27.

Boku Company Profile

Boku Inc AIM: BOKU is a global network of localised payment solutions. Through a single integration, Boku provides access to a comprehensive network of digital wallets, direct carrier billing, and account-to-account (A2A) real-time payment schemes - reaching over 7 billion consumer payment accounts worldwide.

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