Insider Buying: Bango (LON:BGO) Insider Purchases 3,053 Shares of Stock

Bango PLC (LON:BGO) insider Paul Larbey purchased 3,053 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of GBX 59 per share, with a total value of £1,801.27.

Bango Price Performance

Shares of BGO traded down GBX 2.46 during trading hours on Tuesday, reaching GBX 56.51. 39,237 shares of the company’s stock traded hands, compared to its average volume of 121,035. The stock has a market cap of £43.54 million, a PE ratio of -5.73 and a beta of 1.64. The company has a current ratio of 0.67, a quick ratio of 2.37 and a debt-to-equity ratio of 98.20. Bango PLC has a 12 month low of GBX 55 and a 12 month high of GBX 129. The firm’s 50 day simple moving average is GBX 65.91 and its 200-day simple moving average is GBX 79.88.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group dropped their target price on Bango from GBX 212 to GBX 181 and set a “buy” rating on the stock in a report on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Bango presently has an average rating of “Buy” and an average 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.