Boku (LON:BOKU) Stock Price Up 0.6%

Boku, Inc. (LON:BOKU) shot up 0.6% during trading on Wednesday . The company traded as high as GBX 183.80 ($2.29) and last traded at GBX 181 ($2.25). 215,492 shares changed hands during trading, a decline of 63% from the average session volume of 577,749 shares. The stock had previously closed at GBX 180 ($2.24).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 ($2.61) price target on shares of Boku in a report on Tuesday, January 23rd.

Boku Stock Up 0.6 %

The stock has a market capitalization of £537.97 million, a price-to-earnings ratio of 5,966.67 and a beta of -0.17. The firm’s fifty day moving average is GBX 170.47 and its 200-day moving average is GBX 152.96. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.27 and a quick ratio of 1.38.

Insider Buying and Selling at Boku

In other Boku news, insider Jonathan Peter Prideaux sold 141,554 shares of the business’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of GBX 183 ($2.28), for a total transaction of £259,043.82 ($322,474.57). 9.77% of the stock is owned by insiders.

About Boku

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.