Key Points
- Insider purchase: Director Matt Wilson bought 12,755 shares on January 27 at GBX 78 each, a total transaction value of £9,948.90.
- Bango is relatively small with a market cap of £64.47 million, a negative P/E (-24.35), and the stock is trading below both its 50‑day (GBX 89.29) and 200‑day (GBX 92.93) moving averages (opened GBX 83.75).
- Analyst outlook: MarketBeat shows a consensus "Buy" rating with an average target of GBX 212 after Canaccord cut its target from GBX 244 to GBX 212 while keeping a buy rating.
Bango PLC (LON:BGO - Get Free Report) insider Matt Wilson acquired 12,755 shares of the firm's stock in a transaction that occurred on Tuesday, January 27th. The stock was acquired at an average price of GBX 78 per share, with a total value of £9,948.90.
Bango Stock Performance
Shares of BGO stock opened at GBX 83.75 on Thursday. The company has a debt-to-equity ratio of 37.64, a quick ratio of 2.37 and a current ratio of 0.71. The company has a market capitalization of £64.47 million, a P/E ratio of -24.35 and a beta of 0.36. The company's 50 day moving average price is GBX 89.29 and its two-hundred day moving average price is GBX 92.93. Bango PLC has a 52 week low of GBX 61.50 and a 52 week high of GBX 129.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group cut their price objective on shares of Bango from GBX 244 to GBX 212 and set a "buy" rating on the stock in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Bango currently has a consensus rating of "Buy" and an average target price of GBX 212.
View Our Latest Stock Report on Bango
Bango Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
