Key Points
- Insider buying: Bango insider Matt Wilson purchased 6,438 shares on July 10 at GBX 71 each, totaling about £4,571. He also bought 3,052 shares in May at GBX 59, showing continued insider accumulation.
- Stock performance: Bango shares were up 5.7% and opened at GBX 69.75. The stock remains well below its 12-month high of GBX 129, though above its 12-month low of GBX 55.
- Analyst view: Canaccord Genuity reaffirmed a buy rating and a GBX 181 price target. MarketBeat data shows a consensus rating of Buy for Bango.
Bango PLC (LON:BGO - Get Free Report) insider Matt Wilson purchased 6,438 shares of the company's stock in a transaction on Friday, July 10th. The stock was acquired at an average price of GBX 71 per share, with a total value of £4,570.98.
Matt Wilson also recently made the following trade(s):
- On Monday, May 18th, Matt Wilson acquired 3,052 shares of Bango stock. The shares were bought at an average cost of GBX 59 per share, for a total transaction of £1,800.68.
Bango Stock Up 5.7%
Shares of LON BGO opened at GBX 69.75 on Tuesday. The stock has a market cap of £53.74 million, a P/E ratio of -7.07 and a beta of 0.66. The company has a current ratio of 0.67, a quick ratio of 2.37 and a debt-to-equity ratio of 98.20. Bango PLC has a 12-month low of GBX 55 and a 12-month high of GBX 129. The business's fifty day simple moving average is GBX 61.25 and its 200-day simple moving average is GBX 70.72.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 181 price target on shares of Bango in a research report on Thursday, July 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of GBX 181.
Get Our Latest Stock Report on Bango
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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