Bango (LON:BGO) Given Buy Rating at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Bango (LON:BGOGet Rating) in a research note released on Tuesday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 300 ($3.68) price objective on the stock.

Bango Stock Down 3.9 %

Shares of LON BGO opened at GBX 182.50 ($2.24) on Tuesday. The stock has a market capitalization of £138.96 million and a P/E ratio of 335.00. The company has a 50-day moving average price of GBX 164.88 and a 200-day moving average price of GBX 176.48. Bango has a 1 year low of GBX 125 ($1.53) and a 1 year high of GBX 230 ($2.82). The company has a debt-to-equity ratio of 0.29, a current ratio of 3.33 and a quick ratio of 2.93.

About Bango

(Get Rating)

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 Marketplace that enables app marketers in finding Bango Audiences to directly reach new paying users; Bango Payments, which connects online app stores and merchants to approximately 3 billion users; Bango Resale, a solution to deliver the results from reselling and bundling products and services; and Bango Boost+, a customer and revenue growth program.

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