Bango (LON:BGO) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Bango PLC (LON:BGOGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 109.94 ($1.43) and traded as low as GBX 107 ($1.39). Bango shares last traded at GBX 110 ($1.43), with a volume of 73,994 shares.

Bango Stock Performance

The company’s 50-day moving average is GBX 109.61 and its two-hundred day moving average is GBX 124.23. The company has a market cap of £81.82 million, a P/E ratio of -1,183.33 and a beta of 0.36. The company has a quick ratio of 2.37, a current ratio of 0.70 and a debt-to-equity ratio of 37.64.

Insider Buying and Selling

In other news, insider Paul Larbey purchased 8,716 shares of the business’s stock in a transaction dated Friday, October 18th. The stock was bought at an average price of GBX 103 ($1.34) per share, for a total transaction of £8,977.48 ($11,686.38). 37.91% of the stock is currently owned by insiders.

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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