Bango (LON:BGO) Shares Cross Below 50-Day Moving Average - Should You Sell?

Bango PLC (LON:BGO - Get Free Report)'s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 98.04 ($1.20) and traded as low as GBX 98 ($1.20). Bango shares last traded at GBX 99.51 ($1.22), with a volume of 93,328 shares changing hands.

Bango Stock Performance

The firm's fifty day moving average price is GBX 98.04 and its 200-day moving average price is GBX 109.88. The company has a current ratio of 0.70, a quick ratio of 2.37 and a debt-to-equity ratio of 37.64. The firm has a market cap of £75.32 million, a price-to-earnings ratio of -1,089.33 and a beta of 0.36.

Insider Activity

In other Bango news, insider Marcus Weldon purchased 16,500 shares of Bango stock in a transaction that occurred on Monday, February 3rd. The stock was purchased at an average price of GBX 125 ($1.54) per share, for a total transaction of £20,625 ($25,340.95). Also, insider Paul Larbey purchased 25,484 shares of Bango stock in a transaction that occurred on Thursday, November 28th. The stock was acquired at an average price of GBX 98 ($1.20) per share, with a total value of £24,974.32 ($30,684.75). Company insiders own 37.91% of the company's stock.

About Bango

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.