Matt Wilson Acquires 3,052 Shares of Bango (LON:BGO) Stock

Bango PLC (LON:BGO) insider Matt Wilson purchased 3,052 shares of the company’s stock in a transaction on Monday, May 18th. The stock was purchased at an average price of GBX 59 per share, for a total transaction of £1,800.68.

Bango Stock Performance

Shares of LON:BGO traded down GBX 2.46 during trading hours on Tuesday, hitting GBX 56.51. The stock had a trading volume of 39,237 shares, compared to its average volume of 121,035. The stock’s fifty day simple moving average is GBX 65.91 and its 200 day simple moving average is GBX 79.88. Bango PLC has a 1-year low of GBX 55 and a 1-year high of GBX 129. The firm has a market capitalization of £43.54 million, a price-to-earnings ratio of -5.73 and a beta of 1.64. The company has a debt-to-equity ratio of 98.20, a quick ratio of 2.37 and a current ratio of 0.67.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lowered their price objective on shares of Bango from GBX 212 to GBX 181 and set a “buy” rating on the stock in a research note on Monday, April 27th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Bango has an average rating of “Buy” and an average target price of GBX 181.

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.