Bango (LON:BGO) Stock Crosses Above Fifty Day Moving Average of $227.92

Bango PLC (LON:BGO – Get Rating) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 227.92 ($2.78) and traded as high as GBX 245 ($2.99). Bango shares last traded at GBX 233.50 ($2.85), with a volume of 154,108 shares traded.

Bango Stock Down 3.1 %

The firm’s 50-day moving average price is GBX 227.92 and its 200-day moving average price is GBX 203.61. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.37. The company has a market cap of £178.93 million, a price-to-earnings ratio of 23,350.00 and a beta of 0.49.

Insider Buying and Selling

In other Bango news, insider Anil Malhotra sold 400,000 shares of the firm’s stock in a transaction dated Thursday, February 2nd. The stock was sold at an average price of GBX 225 ($2.74), for a total value of £900,000 ($1,096,892.14). In other Bango news, insider Ray Anderson sold 600,000 shares of the stock in a transaction that occurred on Thursday, February 16th. The shares were sold at an average price of GBX 232 ($2.83), for a total value of £1,392,000 ($1,696,526.51). Also, insider Anil Malhotra sold 400,000 shares of Bango stock in a transaction that occurred on Thursday, February 2nd. The shares were sold at an average price of GBX 225 ($2.74), for a total transaction of £900,000 ($1,096,892.14). 33.60% of the stock is owned by corporate insiders.

Bango Company Profile

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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.