Bango (LON:BGO) Insider Ray Anderson Sells 32,500 Shares of Stock

Bango PLC (LON:BGO) insider Ray Anderson sold 32,500 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of GBX 101, for a total transaction of £32,825.

Bango Stock Performance

Shares of LON:BGO opened at GBX 121.55 on Friday. The firm’s 50 day simple moving average is GBX 91.12 and its 200 day simple moving average is GBX 87.23. Bango PLC has a fifty-two week low of GBX 61.50 and a fifty-two week high of GBX 129. The company has a debt-to-equity ratio of 37.64, a current ratio of 0.71 and a quick ratio of 2.37. The company has a market capitalization of £93.39 million, a price-to-earnings ratio of -2,558.95 and a beta of 0.36.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 244 target price on shares of Bango in a research note on Monday. One analyst has rated the stock with a Buy rating, According to MarketBeat, Bango presently has a consensus rating of “Buy” and an average target price of GBX 244.

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.