Boku (LON:BOKU) Stock Price Up 3% – Still a Buy?

Boku, Inc. (LON:BOKU) rose 3% during trading on Wednesday . The stock traded as high as GBX 174.80 ($2.28) and last traded at GBX 170 ($2.22). Approximately 149,852 shares traded hands during trading, a decline of 65% from the average daily volume of 429,727 shares. The stock had previously closed at GBX 165 ($2.15).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 230 ($3.00) price objective on shares of Boku in a research report on Friday, August 9th.

Boku Price Performance

The company has a current ratio of 1.27, a quick ratio of 1.38 and a debt-to-equity ratio of 2.29. The company has a market capitalization of £512.65 million, a PE ratio of 8,500.00 and a beta of -0.11. The stock’s 50-day moving average is GBX 167.86 and its two-hundred day moving average is GBX 175.50.

Boku Company Profile

Boku, Inc provides local payment solutions for merchants. The company offers mobile payments solutions, including mobile wallets, direct carrier billing, and real-time payments schemes. It also provides mobile identity and authentication solutions. The company connects its customers with mobile network operators.