Key Points
- Insider sale: Ray Anderson sold 40,123 shares of Bango on February 9 at an average price of GBX 43, for a total of £17,252.89.
- Analyst outlook and stock metrics: Canaccord cut its price target to GBX 212 (from GBX 244) but kept a "buy" rating; Bango trades near GBX 78.70 with a market cap of £60.59m, 50/200-day moving averages of GBX 85.47/92.54, and an average analyst target of GBX 212.
Bango PLC (LON:BGO - Get Free Report) insider Ray Anderson sold 40,123 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of GBX 43, for a total value of £17,252.89.
Bango Stock Performance
LON:BGO opened at GBX 78.70 on Friday. The business has a 50 day moving average of GBX 85.47 and a 200 day moving average of GBX 92.54. The company has a market capitalization of £60.59 million, a price-to-earnings ratio of -22.88 and a beta of 0.36. Bango PLC has a 1-year low of GBX 61.50 and a 1-year high of GBX 129. The company has a debt-to-equity ratio of 37.64, a current ratio of 0.71 and a quick ratio of 2.37.
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 for the company in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of GBX 212.
Get Our Latest Report on BGO
Bango Company Profile
(
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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.
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