Duncan Magrath Purchases 25,000 Shares of Bango (LON:BGO) Stock

Bango PLC (LON:BGO) insider Duncan Magrath bought 25,000 shares of Bango stock in a transaction dated Friday, July 10th. The stock was acquired at an average cost of GBX 72 per share, with a total value of £18,000.

Bango Stock Performance

Shares of BGO opened at GBX 66 on Monday. The stock has a 50 day moving average of GBX 61.07 and a 200 day moving average of GBX 70.88. The company has a market capitalization of £50.85 million, a price-to-earnings ratio of -6.69 and a beta of 0.66. Bango PLC has a 12 month low of GBX 55 and a 12 month high of GBX 129. The company has a current ratio of 0.67, a quick ratio of 2.37 and a debt-to-equity ratio of 98.20.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 181 target price on shares of Bango in a research report on Thursday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 181.

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.