Bango (LON:BGO) Insider Ray Anderson Sells 40,123 Shares

Bango PLC (LON:BGO) insider Ray Anderson sold 40,123 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of GBX 43, for a total value of £17,252.89.

Bango Stock Up 2.9%

BGO stock opened at GBX 78.70 on Friday. The stock has a 50-day simple moving average of GBX 85.47 and a two-hundred day simple moving average of GBX 92.54. Bango PLC has a twelve month low of GBX 61.50 and a twelve month high of GBX 129. The firm has a market capitalization of £60.59 million, a PE ratio of -22.88 and a beta of 0.36. The company has a quick ratio of 2.37, a current ratio of 0.71 and a debt-to-equity ratio of 37.64.

Wall Street Analysts Forecast Growth

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