Boku (LON:BOKU) Stock Price Breaks Below 50-Day Moving Average – Should You Sell?

Boku, Inc. (LON:BOKU – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 128.04 and traded as low as GBX 128. Boku shares last traded at GBX 128, with a volume of 2,100,371 shares.

Analysts Set New Price Targets

Several equities research analysts have commented on BOKU shares. Berenberg Bank boosted their target price on shares of Boku from GBX 200 to GBX 210 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 195 price target on shares of Boku in a research note on Thursday, October 8th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 263 price target on shares of Boku in a report on Wednesday, September 23rd. Three equities research analysts have rated the stock with a Buy rating. According to MarketBeat, Boku has a consensus rating of “Buy” and an average target price of GBX 222.67.

View Our Latest Research Report on BOKU

Boku Stock Performance

The stock’s 50-day moving average price is GBX 128.04 and its 200-day moving average price is GBX 153.66. The company has a debt-to-equity ratio of 3.43, a quick ratio of 1.38 and a current ratio of 1.26. The company has a market capitalization of £365.19 million, a price-to-earnings ratio of 32.00 and a beta of 0.10.

About Boku

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