Bango (LON:BGO) Stock Rating Reaffirmed by Liberum Capital

Bango (LON:BGO)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a report issued on Friday, reports. They currently have a GBX 260 ($3.40) target price on the stock. Liberum Capital’s price target indicates a potential upside of 25.00% from the company’s previous close.

Shares of LON BGO opened at GBX 208 ($2.72) on Friday. The firm has a market capitalization of £157.97 million and a P/E ratio of 208.00. Bango has a one year low of GBX 117.50 ($1.54) and a one year high of GBX 308 ($4.02). The company’s fifty day moving average is GBX 204.52 and its two-hundred day moving average is GBX 211.95. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.82 and a current ratio of 3.82.

In other Bango news, insider Paul Larbey acquired 10,067 shares of the firm’s stock in a transaction that occurred on Friday, October 1st. The shares were acquired at an average cost of GBX 184 ($2.40) per share, for a total transaction of £18,523.28 ($24,200.78).

Bango Company Profile

Bango plc develops, markets, and sells technology that enables the marketing and sale of products and services to mobile phone users. The company offers Bango Marketplace that enables app marketers in finding Bango Audiences to directly reach new paying users; Bango Payments, which connects online app stores and merchants to approximately 3 billion users; Bango Resale, a solution to deliver the results from reselling and bundling products and services; and Bango Boost+, a customer and revenue growth program.

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