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

Bango PLC (LON:BGO)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 98.04 ($1.22) and traded as low as GBX 98 ($1.22). Bango shares last traded at GBX 99.51 ($1.24), with a volume of 93,328 shares.

Bango Trading Up 1.5 %

The company’s fifty day moving average price is GBX 98.04 and its two-hundred day moving average price is GBX 110.73. 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 company has a market cap of £77.21 million, a price-to-earnings ratio of -1,116.67 and a beta of 0.36.

Insider Activity at Bango

In related news, insider Paul Larbey acquired 25,484 shares of the firm’s stock in a transaction on Thursday, November 28th. The shares were purchased at an average price of GBX 98 ($1.22) per share, with a total value of £24,974.32 ($31,016.29). Insiders own 37.91% of the company’s stock.

Bango Company Profile

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.