Key Points
- Bango insider Ray Anderson bought 255 shares on May 18 at GBX 59 each, for a total of £150.45.
- This was the latest in a series of small insider purchases by Anderson, following buys of 209 shares in March and 195 shares in February.
- Bango shares were down 4.2% and traded near GBX 56.51, below both the 50-day and 200-day moving averages; meanwhile, Canaccord Genuity cut its price target to GBX 181 but kept a buy rating.
Bango PLC (LON:BGO - Get Free Report) insider Ray Anderson acquired 255 shares of Bango stock in a transaction that occurred on Monday, May 18th. The stock was purchased at an average cost of GBX 59 per share, with a total value of £150.45.
Ray Anderson also recently made the following trade(s):
- On Wednesday, March 18th, Ray Anderson acquired 209 shares of Bango stock. The stock was purchased at an average cost of GBX 72 per share, with a total value of £150.48.
- On Wednesday, February 18th, Ray Anderson acquired 195 shares of Bango stock. The stock was purchased at an average cost of GBX 77 per share, with a total value of £150.15.
Bango Stock Down 4.2%
LON BGO opened at GBX 56.51 on Wednesday. The business has a fifty day moving average price of GBX 65.62 and a 200 day moving average price of GBX 79.59. Bango PLC has a one year low of GBX 55 and a one year high of GBX 129. The company has a debt-to-equity ratio of 98.20, a quick ratio of 2.37 and a current ratio of 0.67. The company has a market cap of £43.54 million, a P/E ratio of -5.73 and a beta of 1.64.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group cut their price objective on shares of Bango from GBX 212 to GBX 181 and set a "buy" rating for the company in a report on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of GBX 181.
Read Our Latest Research Report on BGO
About Bango
(
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
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