Bango (LON:BGO) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Bango PLC (LON:BGO)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 98.04 ($1.22) and traded as low as GBX 98 ($1.21). Bango shares last traded at GBX 99.51 ($1.23), with a volume of 93,328 shares trading hands.

Bango Stock Performance

The stock’s 50-day moving average price is GBX 98.04 and its 200-day moving average price is GBX 110.15. The company has a market cap of £78.89 million, a P/E ratio of -1,140.86 and a beta of 0.36. The company has a debt-to-equity ratio of 37.64, a current ratio of 0.70 and a quick ratio of 2.37.

Insiders Place Their Bets

In related news, insider Paul Larbey purchased 25,484 shares of the stock in a transaction dated Thursday, November 28th. The stock was bought at an average cost of GBX 98 ($1.21) per share, for a total transaction of £24,974.32 ($30,950.95). Corporate insiders own 37.91% of the company’s stock.

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.