Bango (LON:BGO) Insider Acquires £1,801.27 in Stock

Bango PLC (LON:BGO) insider Paul Larbey acquired 3,053 shares of the business’s stock in a transaction on Monday, May 18th. The shares were purchased at an average price of GBX 59 per share, with a total value of £1,801.27.

Bango Price Performance

Shares of BGO stock traded down GBX 2.46 during trading hours on Tuesday, reaching GBX 56.51. The company had a trading volume of 39,237 shares, compared to its average volume of 121,035. The company has a debt-to-equity ratio of 98.20, a quick ratio of 2.37 and a current ratio of 0.67. The stock has a fifty day moving average of GBX 65.91 and a 200-day moving average of GBX 79.88. The company has a market capitalization of £43.54 million, a price-to-earnings ratio of -5.73 and a beta of 1.64. Bango PLC has a 12-month low of GBX 55 and a 12-month high of GBX 129.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their price objective on Bango from GBX 212 to GBX 181 and set a “buy” rating for the company in a research report on Monday, April 27th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 181.

About Bango

Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

The world’s largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.

Bango, where people subscribe.