Bango (LON:BGO) Trading 4.2% Higher – Still a Buy?

Bango PLC (LON:BGO) rose 4.2% on Monday . The stock traded as high as GBX 86.95 and last traded at GBX 86.45. Approximately 56,574 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 64,837 shares. The stock had previously closed at GBX 83.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 244 target price on shares of Bango in a research note on Monday, September 15th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 244.

Bango Trading Up 4.2%

The business’s 50-day moving average price is GBX 92.07 and its 200-day moving average price is GBX 93.67. The firm has a market capitalization of £66.55 million, a PE ratio of -25.13 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.

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.