Boku (LON:BOKU) Shares Up 1.4% – Still a Buy?

Shares of Boku, Inc. (LON:BOKU) shot up 1.4% during trading on Tuesday . The stock traded as high as GBX 146 and last traded at GBX 145. Approximately 965,188 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 1,108,638 shares. The stock had previously closed at GBX 143.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on BOKU. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 324 price objective on shares of Boku in a research note on Tuesday, May 12th. Jefferies Financial Group decreased their target price on shares of Boku from GBX 334 to GBX 311 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 310.75.

Boku Trading Up 1.4%

The business has a 50-day moving average price of GBX 165.08 and a two-hundred day moving average price of GBX 186.18. The stock has a market capitalization of £426.01 million, a P/E ratio of 36.25 and a beta of 0.15. The company has a current ratio of 1.28, a quick ratio of 1.38 and a debt-to-equity ratio of 3.55.

About Boku