Bango’s (BGO) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Bango (LON:BGOGet Rating) in a research note released on Tuesday, MarketBeat reports. Berenberg Bank currently has a GBX 300 ($3.68) price target on the stock.

Bango Stock Performance

LON BGO opened at GBX 181 ($2.22) on Tuesday. The firm has a market cap of £138.00 million and a P/E ratio of 335.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.33 and a quick ratio of 2.93. The stock’s 50-day moving average is GBX 166.45 and its 200-day moving average is GBX 176.34. Bango has a one year low of GBX 125 ($1.53) and a one year high of GBX 230 ($2.82).

Bango Company Profile

(Get Rating)

Bango plc, together with its subsidiaries, develops, markets, and sells technology that enables the marketing and sale of products and services to mobile phone users. The company offers Bango Marketplace that enables app marketers in finding Bango Audiences to directly reach new paying users; Bango Payments, which connects online app stores and merchants to approximately 3 billion users; Bango Resale, a solution to deliver the results from reselling and bundling products and services; and Bango Boost+, a customer and revenue growth program.

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