Insider Buying: Bango (LON:BGO) Insider Purchases £150.48 in Stock

Bango PLC (LON:BGO) insider Ray Anderson acquired 209 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average cost of GBX 72 per share, for a total transaction of £150.48.

Ray Anderson also recently made the following trade(s):

• On Wednesday, February 18th, Ray Anderson purchased 195 shares of Bango stock. The stock was acquired at an average cost of GBX 77 per share, for a total transaction of £150.15.
• On Monday, February 9th, Ray Anderson sold 40,123 shares of Bango stock. The stock was sold at an average price of GBX 43, for a total transaction of £17,252.89.

Bango Stock Performance

LON:BGO opened at GBX 65.90 on Monday. The company has a fifty day moving average of GBX 78.15 and a 200-day moving average of GBX 90.07. The firm has a market capitalization of £50.73 million, a P/E ratio of -19.16 and a beta of 0.54. The company has a quick ratio of 2.37, a current ratio of 0.73 and a debt-to-equity ratio of 79.21. Bango PLC has a twelve month low of GBX 61.50 and a twelve month high of GBX 129.

Wall Street Analysts Forecast Growth

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