Bango (LON:BGO) Shares Pass Below 50-Day Moving Average of $176.04

Shares of Bango PLC (LON:BGO) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 176.04 ($2.14) and traded as low as GBX 159.87 ($1.95). Bango shares last traded at GBX 172.50 ($2.10), with a volume of 86,209 shares traded.

Bango Stock Performance

The company has a debt-to-equity ratio of 33.79, a current ratio of 1.03 and a quick ratio of 2.37. The stock’s 50-day simple moving average is GBX 176.04 and its 200 day simple moving average is GBX 188.04. The stock has a market capitalization of £132.45 million, a P/E ratio of -2,875.00 and a beta of 0.32.

Insiders Place Their Bets

In other Bango news, insider Matthew Jonathan Garner bought 900 shares of Bango stock in a transaction dated Friday, August 18th. The stock was bought at an average price of GBX 200 ($2.43) per share, with a total value of £1,800 ($2,190.31). Company insiders own 33.41% of the company’s stock.

About Bango

Bango PLC, together with its subsidiaries, develops, markets, and sells technology that enables the marketing and sale of products and services to mobile phone users. The company offers Bango Audiences that online marketing team to find new paying users through Bango Purchase Behavior Targeting; Bango Payments, which connects online app stores and merchants to approximately 4.5 billion users; Bango Resale, a solution to deliver the results from reselling and bundling products and services; and Bango Boost+, a customer and revenue growth program.