Insider Buying: Bango (LON:BGO) Insider Purchases £9,948.90 in Stock

Bango PLC (LON:BGO) insider Matt Wilson acquired 12,755 shares of the company’s stock in a transaction 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 LON:BGO opened at GBX 85.11 on Friday. Bango PLC has a 12-month low of GBX 61.50 and a 12-month high of GBX 129. The company’s 50 day moving average price is GBX 88.81 and its two-hundred day moving average price is GBX 92.88. The firm has a market cap of £65.52 million, a PE ratio of -24.74 and a beta of 0.36. The company has a quick ratio of 2.37, a current ratio of 0.71 and a debt-to-equity ratio of 37.64.

Wall Street Analysts Forecast Growth

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

About Bango

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.