Bango PLC (LON:BGO - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 91.07 ($1.24) and traded as high as GBX 92.50 ($1.26). Bango shares last traded at GBX 90.05 ($1.22), with a volume of 11,383 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 244 ($3.31) target price on shares of Bango in a report on Monday, June 9th.
Check Out Our Latest Stock Analysis on BGO
Bango Stock Down 2.7%
The business has a fifty day simple moving average of GBX 90.97 and a 200 day simple moving average of GBX 89.42. The firm has a market cap of £69.15 million, a price-to-earnings ratio of -9.92 and a beta of 0.36. The company has a debt-to-equity ratio of 37.64, a current ratio of 0.71 and a quick ratio of 2.37.
Insider Buying and Selling at Bango
In related news, insider Paul Larbey acquired 10,638 shares of the stock in a transaction on Monday, June 9th. The shares were bought at an average price of GBX 84 ($1.14) per share, with a total value of £8,935.92 ($12,139.55). In the last 90 days, insiders purchased 27,124 shares of company stock worth $2,284,267. Insiders own 37.91% of the company's stock.
Bango Company Profile
(
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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.
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