Bango (LON:BGO) Stock Passes Below Fifty Day Moving Average – What’s Next?

Shares of Bango PLC (LON:BGO) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 83.52 ($1.11) and traded as low as GBX 77 ($1.02). Bango shares last traded at GBX 79 ($1.05), with a volume of 188,514 shares.

Bango Trading Up 1.3 %

The firm has a fifty day moving average of GBX 83.52 and a two-hundred day moving average of GBX 95.47. The company has a market cap of £60.70 million, a PE ratio of -8.71 and a beta of 0.36. The company has a current ratio of 0.71, a quick ratio of 2.37 and a debt-to-equity ratio of 37.64.

Insiders Place Their Bets

In related news, insider Marcus Weldon bought 16,500 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average price of GBX 125 ($1.65) per share, for a total transaction of £20,625 ($27,296.19). Company insiders own 37.91% of the company’s stock.

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.