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Bango (LON:BGO) Share Price Crosses Below 50-Day Moving Average - Here's What Happened

Bango logo with Computer and Technology background

Bango PLC (LON:BGO - Get Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 111.51 ($1.45) and traded as low as GBX 108.51 ($1.41). Bango shares last traded at GBX 111 ($1.44), with a volume of 404,774 shares traded.

Bango Price Performance

The company has a quick ratio of 2.37, a current ratio of 0.70 and a debt-to-equity ratio of 37.64. The stock has a market cap of £84.44 million, a P/E ratio of -1,212.34 and a beta of 0.36. The firm has a 50 day moving average price of GBX 111.33 and a 200 day moving average price of GBX 125.02.

Insider Buying and Selling at Bango

In other news, insider Paul Larbey bought 8,716 shares of the company's stock in a transaction that occurred on Friday, October 18th. The stock was bought at an average price of GBX 103 ($1.34) per share, with a total value of £8,977.48 ($11,642.43). Insiders own 37.91% of the company's stock.

Bango Company Profile

(Get Free Report)

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 Payments, which connects online app stores and merchants. It also offers digital vending machine services for resellers and subscriptions providers to enable bundling of subscription services.

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