Peel Hunt Reiterates Buy Rating for Boku (LON:BOKU)

Peel Hunt reiterated their buy rating on shares of Boku (LON:BOKU) in a research report report published on Wednesday morning, Digital Look reports. They currently have a GBX 245 ($3.20) target price on the stock.

Separately, Peel Hunt reissued a buy rating and set a GBX 245 ($3.20) price objective on shares of Boku in a research report on Tuesday, October 1st.

Boku stock remained flat at $GBX 101 ($1.32) during mid-day trading on Wednesday. 95,822 shares of the company’s stock were exchanged, compared to its average volume of 56,768. The company has a debt-to-equity ratio of 11.71, a current ratio of 1.04 and a quick ratio of 1.02. The stock’s 50-day moving average price is GBX 103.97 and its 200 day moving average price is GBX 116.99. The stock has a market capitalization of $256.48 million and a price-to-earnings ratio of -36.07. Boku has a fifty-two week low of GBX 63.20 ($0.83) and a fifty-two week high of GBX 148 ($1.93).

In related news, insider Jonathan Peter Prideaux sold 206,460 shares of the company’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of GBX 110 ($1.44), for a total value of £227,106 ($296,754.21). Also, insider Mike Cahill sold 2,500 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of GBX 115 ($1.50), for a total value of £2,875 ($3,756.70).

About Boku

Boku, Inc provides mobile billing and payment solutions for merchants and mobile operators. The company's solutions enable consumers to make online payments using their mobile devices. It offers merchant solutions, including Boku Acquire, a mobile provisioning for operator led user acquisition; Boku Account, a mobile authentication for frictionless user activation; and Boku Checkout, a carrier commerce for comprehensive user monetization.

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