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

Peel Hunt reissued their buy rating on shares of Boku (LON:BOKU) in a research report sent to investors on Monday, February 4th.

Shares of LON:BOKU traded down GBX 1.50 ($0.02) during midday trading on Monday, hitting GBX 80.50 ($1.05). The stock had a trading volume of 19,315 shares, compared to its average volume of 56,768. Boku has a fifty-two week low of GBX 70.66 ($0.92) and a fifty-two week high of GBX 90 ($1.18).

In other news, insider Richard Hargreaves acquired 285,999 shares of Boku stock in a transaction dated Monday, December 10th. The shares were bought at an average cost of GBX 73 ($0.95) per share, with a total value of £208,779.27 ($272,807.10). Also, insider Mark Jorge Britto acquired 400,000 shares of Boku stock in a transaction dated Wednesday, January 16th. The stock was purchased at an average cost of GBX 75 ($0.98) per share, for a total transaction of £300,000 ($392,003.14).

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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