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Bango (LON:BGO) Earns Buy Rating from Canaccord Genuity Group

Bango logo with Computer and Technology background

Bango (LON:BGO - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Canaccord Genuity Group in a research note issued on Monday,Digital Look reports. They presently have a GBX 244 ($3.30) target price on the stock. Canaccord Genuity Group's price objective would indicate a potential upside of 184.55% from the stock's previous close.

Bango Stock Performance

Shares of Bango stock opened at GBX 85.75 ($1.16) on Monday. The company has a debt-to-equity ratio of 37.64, a quick ratio of 2.37 and a current ratio of 0.71. The firm has a market cap of £65.88 million, a PE ratio of -9.45 and a beta of 0.36. Bango has a 1 year low of GBX 61.50 ($0.83) and a 1 year high of GBX 150 ($2.03). The firm's 50-day simple moving average is GBX 84.42 and its 200-day simple moving average is GBX 90.49.

About Bango

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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