Bango (LON:BGO) Insider Buys £11,940.85 in Stock

Bango PLC (LON:BGO) insider Paul Larbey bought 15,115 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were acquired at an average price of GBX 79 per share, for a total transaction of £11,940.85.

Bango Price Performance

Shares of LON BGO traded up GBX 1 during trading on Monday, hitting GBX 79. The company had a trading volume of 151,840 shares, compared to its average volume of 160,369. The firm has a market capitalization of £60.82 million, a price-to-earnings ratio of -22.97 and a beta of 0.36. The stock has a fifty day simple moving average of GBX 86.98 and a two-hundred day simple moving average of GBX 92.90. The company has a quick ratio of 2.37, a current ratio of 0.71 and a debt-to-equity ratio of 37.64. Bango PLC has a fifty-two week low of GBX 61.50 and a fifty-two week high of GBX 129.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group decreased their target price 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 presently has an average rating of “Buy” and a consensus 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.