Insider Buying: Bango (LON:BGO) Insider Acquires 12,755 Shares of Stock

Bango PLC (LON:BGO) insider Matt Wilson acquired 12,755 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were bought at an average price of GBX 78 per share, for a total transaction of £9,948.90.

Bango Trading Up 7.4%

Bango stock traded up GBX 5.75 during trading on Wednesday, reaching GBX 83.75. The company had a trading volume of 523,695 shares, compared to its average volume of 140,259. Bango PLC has a 12-month low of GBX 61.50 and a 12-month high of GBX 129. 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 stock’s 50 day moving average price is GBX 89.56 and its two-hundred day moving average price is GBX 92.99. The firm has a market capitalization of £64.47 million, a price-to-earnings ratio of -24.35 and a beta of 0.36.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group cut their target price on Bango from GBX 244 to GBX 212 and set a “buy” rating on the stock in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 212.

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.