Boku (LON:BOKU) Reaches New 52-Week High – Should You Buy?

Shares of Boku, Inc. (LON:BOKU) hit a new 52-week high 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).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 230 ($2.99) price objective on shares of Boku in a research note on Friday, August 9th.

Boku Trading Up 0.3 %

The firm has a fifty day moving average of GBX 168.42 and a 200-day moving average of GBX 175.16. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.38 and a current ratio of 1.27. The stock has a market capitalization of £580.08 million, a price-to-earnings ratio of 9,650.00 and a beta of -0.11.

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.