Bango (LON:BGO) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Bango PLC (LON:BGO)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 107.87 ($1.34) and traded as low as GBX 98.04 ($1.22). Bango shares last traded at GBX 98.04 ($1.22), with a volume of 31,422 shares changing hands.

Bango Stock Down 0.2 %

The business’s 50 day simple moving average is GBX 97.97 and its 200-day simple moving average is GBX 107.87. The company has a market cap of £75.95 million, a price-to-earnings ratio of -1,098.33 and a beta of 0.36. 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 Buying and Selling at Bango

In other Bango news, insider Paul Larbey acquired 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 ($1.22) per share, with a total value of £24,974.32 ($31,085.79). Also, insider Marcus Weldon acquired 16,500 shares of Bango stock in a transaction that occurred on Monday, February 3rd. The stock was acquired at an average cost of GBX 125 ($1.56) per share, with a total value of £20,625 ($25,672.14). 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.