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

Bango PLC (LON:BGO)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.

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

Insiders Place Their Bets

In other news, insider Marcus Weldon acquired 16,500 shares of the stock in a transaction on Monday, February 3rd. The shares were purchased at an average cost of GBX 125 ($1.56) per share, for a total transaction of £20,625 ($25,672.14). Also, insider Paul Larbey acquired 25,484 shares of the stock in a transaction on Thursday, November 28th. The shares were purchased at an average price of GBX 98 ($1.22) per share, for a total transaction of £24,974.32 ($31,085.79). 37.91% of the stock is currently owned by company insiders.

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.