Boku (LON:BOKU) Hits New 1-Year 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 195 ($2.54) and last traded at GBX 195 ($2.54), with a volume of 1183819 shares changing hands. The stock had previously closed at GBX 185 ($2.41).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 230 ($2.99) price target on shares of Boku in a report on Friday, August 9th.

Boku Price Performance

The company has a market cap of £571.06 million, a price-to-earnings ratio of 9,250.00 and a beta of -0.11. The company has a fifty day simple moving average of GBX 167.68 and a two-hundred day simple moving average of GBX 174.95. The company has a quick ratio of 1.38, a current ratio of 1.27 and a debt-to-equity ratio of 2.29.

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.