Ray Anderson Sells 40,123 Shares of Bango (LON:BGO) Stock

Bango PLC (LON:BGO) insider Ray Anderson sold 40,123 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of GBX 43, for a total transaction of £17,252.89.

Bango Stock Performance

Bango stock opened at GBX 80 on Friday. Bango PLC has a 12-month low of GBX 61.50 and a 12-month high of GBX 129. The company has a market capitalization of £61.59 million, a price-to-earnings ratio of -23.26 and a beta of 0.36. The company has a debt-to-equity ratio of 37.64, a current ratio of 0.71 and a quick ratio of 2.37. The firm’s fifty day moving average price is GBX 85.20 and its 200 day moving average price is GBX 92.45.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their price target on Bango from GBX 244 to GBX 212 and set a “buy” rating on the stock in a research note on Tuesday, January 20th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 212.

Bango Company Profile

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.