Boku (LON:BOKU) Trading 0.9% Higher - Here's What Happened

Key Points

• Boku, Inc. shares trading increased by 0.9%, closing at GBX 217 ($2.93), with a trading volume of 578,391 shares, down 30% from the average volume.
• Analysts have a consensus buy rating for Boku, with a price target set at GBX 285.50, following recent upgrades from Canaccord Genuity and Berenberg Bank.
• Boku operates a global network of localized payment solutions, providing access to over 7 billion consumer payment accounts worldwide.

Shares of Boku, Inc. (LON:BOKU - Get Free Report) traded up 0.9% during trading on Monday . The company traded as high as GBX 218.35 ($2.95) and last traded at GBX 217 ($2.93). 578,391 shares traded hands during trading, a decline of 30% from the average session volume of 824,195 shares. The stock had previously closed at GBX 215.11 ($2.91).

Analyst Ratings Changes

A number of analysts have recently commented on the company. Canaccord Genuity Group reissued a "buy" rating and set a GBX 271 price target on shares of Boku in a research note on Thursday, July 24th. Berenberg Bank lifted their price target on Boku from GBX 280 to GBX 300 and gave the company a "buy" rating in a research note on Friday, August 29th. Two 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 price target of GBX 285.50.

Boku Stock Performance

The stock has a 50 day moving average of GBX 220.57 and a 200 day moving average of GBX 190. The company has a quick ratio of 1.38, a current ratio of 1.27 and a debt-to-equity ratio of 2.29. The company has a market capitalization of £643.90 million, a price-to-earnings ratio of 21,700.00 and a beta of -0.11.

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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