Boku (LON:BOKU) Sets New 52-Week High – Still a Buy?

Shares of Boku, Inc. (LON:BOKU) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 255 and last traded at GBX 223.25, with a volume of 1873228 shares changing hands. The stock had previously closed at GBX 228.

Analyst Ratings Changes

BOKU has been the topic of several research reports. Jefferies Financial Group upped their price target on shares of Boku from GBX 275 to GBX 324 and gave the company a “buy” rating in a report on Monday, October 20th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 300 target price on shares of Boku in a research note on Thursday. Peel Hunt reissued a “buy” rating and set a GBX 308 price target on shares of Boku in a research report on Tuesday, September 30th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 324 price target on shares of Boku in a report on Thursday. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Boku currently has an average rating of “Buy” and a consensus price target of GBX 314.

Boku Trading Down 2.6%

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 stock has a market capitalization of £659.29 million, a price-to-earnings ratio of 44.40 and a beta of -0.11. The business has a 50 day simple moving average of GBX 213.50 and a 200-day simple moving average of GBX 221.65.

About Boku