Ray Anderson Acquires 209 Shares of Bango (LON:BGO) Stock

Key Points

• Ray Anderson recently bought 209 shares of Bango on March 18 at GBX 72 (total £150.48) and had bought 195 shares on Feb 18 at GBX 77, after selling 40,123 shares on Feb 9 at GBX 43 (≈£17,252.89).
• Bango trades around GBX 69.15 with a market cap of £53.24 million, a negative P/E of -20.10, a 1‑year range of GBX 61.50–129, and 50/200‑day moving averages of GBX 78.50 and 90.27.
• Analyst activity: Canaccord cut its target from GBX 244 to GBX 212 but maintained a Buy rating; the consensus rating is Buy with an average target of GBX 212.

Bango PLC (LON:BGO - Get Free Report) insider Ray Anderson bought 209 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of GBX 72 per share, for a total transaction of £150.48.

Ray Anderson also recently made the following trade(s):

• On Wednesday, February 18th, Ray Anderson bought 195 shares of Bango stock. The stock was bought at an average cost of GBX 77 per share, with a total value of £150.15.
• On Monday, February 9th, Ray Anderson sold 40,123 shares of Bango stock. The shares were sold at an average price of GBX 43, for a total transaction of £17,252.89.

Bango Price Performance

LON BGO opened at GBX 69.15 on Friday. The stock has a market capitalization of £53.24 million, a price-to-earnings ratio of -20.10 and a beta of 0.54. Bango PLC has a 1-year low of GBX 61.50 and a 1-year high of GBX 129. The company has a debt-to-equity ratio of 79.21, a current ratio of 0.73 and a quick ratio of 2.37. The business's fifty day moving average price is GBX 78.50 and its 200-day moving average price is GBX 90.27.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their target price on Bango from GBX 244 to GBX 212 and set a "buy" rating on the stock in a report on Tuesday, January 20th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Bango presently has a consensus rating of "Buy" and an average target price of GBX 212.

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.

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