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Bango (LON:BGO) Stock Passes Below Fifty Day Moving Average - Should You Sell?

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Bango PLC (LON:BGO - Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 97.61 ($1.26) and traded as low as GBX 85.31 ($1.10). Bango shares last traded at GBX 86.35 ($1.11), with a volume of 44,668 shares changing hands.

Bango Trading Up 0.6 %

The company has a 50-day moving average price of GBX 96.79 and a 200 day moving average price of GBX 103.42. The stock has a market capitalization of £64.54 million, a P/E ratio of -9.26 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.

Insider Transactions at Bango

In related news, insider Marcus Weldon purchased 16,500 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were purchased at an average cost of GBX 125 ($1.61) per share, with a total value of £20,625 ($26,578.61). Insiders own 37.91% of the company's stock.

Bango Company Profile

(Get Free Report)

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.

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