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

Bango PLC (LON:BGO)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-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 trading hands.

Bango Price Performance

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

Insider Buying and Selling at Bango

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

About Bango

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.