Bango (LON:BGO) Insider Buys 236 Shares of Stock

Bango PLC (LON:BGO) insider Ray Anderson purchased 236 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were purchased at an average price of GBX 63 per share, with a total value of £148.68.

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

• On Monday, May 18th, Ray Anderson acquired 255 shares of Bango stock. The stock was purchased at an average cost of GBX 59 per share, for a total transaction of £150.45.

Bango Trading Up 4.6%

Shares of LON BGO traded up GBX 2.88 during midday trading on Monday, hitting GBX 65. The stock had a trading volume of 132,431 shares, compared to its average volume of 117,782. The company has a quick ratio of 2.37, a current ratio of 0.67 and a debt-to-equity ratio of 98.20. Bango PLC has a 1-year low of GBX 55 and a 1-year high of GBX 129. The company has a market capitalization of £50.08 million, a price-to-earnings ratio of -6.59 and a beta of 0.66. The company has a fifty day moving average price of GBX 63.19 and a 200 day moving average price of GBX 74.02.

Wall Street Analyst Weigh In

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