Boku (LON:BOKU) Shares Down 1.5% – Should You Sell?

Boku, Inc. (LON:BOKU)’s share price fell 1.5% during mid-day trading on Thursday. The stock traded as low as GBX 128 and last traded at GBX 129. Approximately 2,330,985 shares were traded during trading, an increase of 86% from the average session volume of 1,253,874 shares. The stock had previously closed at GBX 131.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Canaccord Genuity Group restated a “buy” rating and issued a GBX 263 target price on shares of Boku in a research note on Wednesday, September 23rd. Berenberg Bank increased their target price on shares of Boku from GBX 200 to GBX 210 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 195 target price on shares of Boku in a research report on Thursday, October 8th. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 222.67.

Boku Price Performance

The firm has a market capitalization of £365.19 million, a P/E ratio of 32.00 and a beta of 0.10. The company has a debt-to-equity ratio of 3.43, a current ratio of 1.26 and a quick ratio of 1.38. The company’s 50 day moving average price is GBX 128.04 and its 200 day moving average price is GBX 153.66.

About Boku