Insider Selling: Bango (LON:BGO) Insider Sells 40,123 Shares of Stock

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

Bango Trading Down 0.4%

Shares of Bango stock opened at GBX 76.21 on Thursday. The stock has a market capitalization of £58.67 million, a P/E ratio of -22.15 and a beta of 0.36. Bango PLC has a 52-week low of GBX 61.50 and a 52-week high of GBX 129. The company has a debt-to-equity ratio of 37.64, a quick ratio of 2.37 and a current ratio of 0.71. The stock’s 50-day simple moving average is GBX 85.77 and its 200 day simple moving average is GBX 92.64.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group dropped their price target on shares of Bango from GBX 244 to GBX 212 and set a “buy” rating on the stock in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price 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.