Boku, Inc. (BOKU.L) (LON:BOKU) Shares Gap Up to $157.00

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Boku, Inc. (BOKU.L) (LON:BOKU) gapped up before the market opened on Tuesday . The stock had previously closed at $157.00, but opened at $166.50. Boku, Inc. (BOKU.L) shares last traded at $158.00, with a volume of 3,428,435 shares trading hands.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 160 ($2.09) price target on shares of Boku, Inc. (BOKU.L) in a research report on Wednesday, October 14th.

The company has a current ratio of 1.61, a quick ratio of 1.60 and a debt-to-equity ratio of 27.12. The business has a 50-day moving average price of GBX 138.77 and a 200 day moving average price of GBX 108.29. The stock has a market cap of £460.11 million and a PE ratio of 161.00.

In related news, insider Keith Butcher acquired 99,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 27th. The shares were acquired at an average price of GBX 120 ($1.57) per share, with a total value of £118,800 ($155,212.96). Also, insider Charlotta Ginman acquired 12,715 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The shares were bought at an average cost of GBX 117 ($1.53) per share, for a total transaction of £14,876.55 ($19,436.31).

About Boku, Inc. (BOKU.L) (LON:BOKU)

Boku, Inc provides mobile billing and payment solutions for mobile network operators and merchants. The company's solutions enable consumers to make online payments using their mobile devices. It offers payment solutions that delivers mobile payment acceptance across carrier billing and mobile wallets for consumers.

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