Boku (LON:BOKU) Trading Up 0.6%

Boku, Inc. (LON:BOKU)’s stock price traded up 0.6% on Wednesday . The stock traded as high as GBX 183.80 ($2.29) and last traded at GBX 181 ($2.25). 215,492 shares traded 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 set a GBX 210 ($2.61) target price on shares of Boku in a report on Tuesday, January 23rd.

Boku Stock Up 0.6 %

The stock has a 50-day moving average of GBX 169.47 and a 200-day moving average of GBX 152.59. The company has a market cap of £543.98 million, a PE ratio of 6,033.33 and a beta of -0.17. The company has a quick ratio of 1.38, a current ratio of 1.27 and a debt-to-equity ratio of 2.29.

Insider Buying and Selling

In other news, insider Jonathan Peter Prideaux sold 141,554 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was 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 currently 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.