Bango (LON:BGO) Insider Ray Anderson Buys 255 Shares

Bango PLC (LON:BGO) insider Ray Anderson purchased 255 shares of the stock in a transaction dated Monday, May 18th. The stock was acquired at an average cost of GBX 59 per share, with a total value of £150.45.

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

• On Wednesday, March 18th, Ray Anderson purchased 209 shares of Bango stock. The shares were purchased at an average price of GBX 72 per share, for a total transaction of £150.48.
• On Wednesday, February 18th, Ray Anderson purchased 195 shares of Bango stock. The shares were purchased at an average price of GBX 77 per share, for a total transaction of £150.15.

Bango Price Performance

BGO traded down GBX 2.46 during midday trading on Tuesday, hitting GBX 56.51. 39,237 shares of the company traded hands, compared to its average volume of 121,035. The company has a current ratio of 0.67, a quick ratio of 2.37 and a debt-to-equity ratio of 98.20. 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 52-week low of GBX 55 and a 52-week high of GBX 129. The business has a 50 day simple moving average of GBX 65.91 and a two-hundred day simple moving average of GBX 79.88.

Wall Street Analysts Forecast Growth

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

Bango Company Profile

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.