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Bango (LON:BGO) Stock Crosses Below 50-Day Moving Average - Here's Why

Bango logo with Computer and Technology background

Bango PLC (LON:BGO - Get Free Report)'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 98.79 ($1.22) and traded as low as GBX 98 ($1.21). Bango shares last traded at GBX 98.13 ($1.21), with a volume of 487,050 shares traded.

Bango Trading Up 0.2 %

The company has a market capitalization of £75.81 million, a P/E ratio of -1,096.39 and a beta of 0.36. The business has a fifty day moving average of GBX 98.65 and a 200-day moving average of GBX 112.26. The company has a debt-to-equity ratio of 37.64, a quick ratio of 2.37 and a current ratio of 0.70.

Insider Activity

In other news, insider Paul Larbey bought 25,484 shares of Bango stock in a transaction dated Thursday, November 28th. The stock was purchased at an average price of GBX 98 ($1.21) per share, for a total transaction of £24,974.32 ($30,847.73). Corporate insiders own 37.91% of the company's stock.

About Bango

(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.

Further Reading

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