Boku (LON:BOKU) Stock Price Down 0.8% – Should You Sell?

Boku, Inc. (LON:BOKU)’s stock price dropped 0.8% on Thursday . The stock traded as low as GBX 175 ($2.22) and last traded at GBX 177.50 ($2.25). Approximately 97,529 shares changed hands during trading, a decline of 78% from the average daily volume of 444,389 shares. The stock had previously closed at GBX 179 ($2.27).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 230 ($2.92) price objective on shares of Boku in a research report on Friday, August 9th.

Boku Stock Performance

The firm’s fifty day simple moving average is GBX 173.44 and its 200 day simple moving average is GBX 176.08. The company has a market capitalization of £533.49 million, a price-to-earnings ratio of 8,875.00 and a beta of -0.11. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.27 and a quick ratio of 1.38.

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.