Insider Selling: Bango (LON:BGO) Insider Sells £17,252.89 in Stock

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

Bango Stock Up 3.2%

LON:BGO opened at GBX 80 on Friday. Bango PLC has a fifty-two week low of GBX 61.50 and a fifty-two week high of GBX 129. The stock has a market capitalization of £61.59 million, a P/E ratio of -23.26 and a beta of 0.36. The company’s 50-day simple moving average is GBX 85.20 and its 200-day simple moving average is GBX 92.45. The company has a debt-to-equity ratio of 37.64, a quick ratio of 2.37 and a current ratio of 0.71.

Analyst Ratings Changes

Separately, Canaccord Genuity Group cut their price objective 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 analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 212.

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.