Bango (LON:BGO) Share Price Passes Above 50-Day Moving Average of $109.93

Bango PLC (LON:BGO) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 109.93 ($1.38) and traded as high as GBX 123.38 ($1.55). Bango shares last traded at GBX 123.20 ($1.55), with a volume of 67,338 shares changing hands.

Bango Price Performance

The company has a current ratio of 1.03, a quick ratio of 2.37 and a debt-to-equity ratio of 33.79. The stock’s fifty day moving average price is GBX 110.29 and its two-hundred day moving average price is GBX 142.10. The firm has a market capitalization of £96.01 million, a price-to-earnings ratio of -2,083.33 and a beta of 0.38.

Insiders Place Their Bets

In other Bango news, insider Frank Bury acquired 42,000 shares of the company’s stock in a transaction dated Monday, April 15th. The shares were acquired at an average price of GBX 123 ($1.55) per share, for a total transaction of £51,660 ($64,891.35). In related news, insider Paul Larbey purchased 16,472 shares of the business’s stock in a transaction that occurred on Thursday, April 11th. The shares were purchased at an average cost of GBX 121 ($1.52) per share, for a total transaction of £19,931.12 ($25,035.95). Also, insider Frank Bury bought 42,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was purchased at an average cost of GBX 123 ($1.55) per share, with a total value of £51,660 ($64,891.35). 33.19% of the stock is owned by company insiders.

Bango Company Profile

Bango PLC, together with its subsidiaries, develops, markets, and sells technology that enables the marketing and sale of products and services to mobile phone users. The company offers Bango Payments, which connects online app stores and merchants. It also offers digital vending machine services for resellers and subscriptions providers to enable bundling of subscription services.