Boku (LON:BOKU) Rating Reiterated by Berenberg Bank

Boku (LON:BOKU)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a report released on Friday, Marketbeat.com reports. They currently have a GBX 230 ($2.94) price target on the stock. Berenberg Bank’s target price suggests a potential upside of 37.31% from the stock’s previous close.

Boku Price Performance

BOKU stock traded up GBX 1 ($0.01) during midday trading on Friday, reaching GBX 167.50 ($2.14). 29,275 shares of the company’s stock traded hands, compared to its average volume of 431,154. The company has a 50-day simple moving average of GBX 178.91 and a two-hundred day simple moving average of GBX 174.45. Boku has a 1-year low of GBX 132 ($1.69) and a 1-year high of GBX 195 ($2.49). The company has a market cap of £506.32 million, a price-to-earnings ratio of 5,583.33 and a beta of -0.07. The company has a quick ratio of 1.38, a current ratio of 1.27 and a debt-to-equity ratio of 2.29.

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.