Bango (LON:BGO) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Bango PLC (LON:BGO)’s share price crossed 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 ($1.21). Bango shares last traded at GBX 99.51 ($1.23), with a volume of 93,328 shares.

Bango Trading Up 3.7 %

The stock has a market cap of £78.89 million, a PE ratio of -1,140.86 and a beta of 0.36. The stock’s fifty day moving average price is GBX 98.04 and its 200 day moving average price is GBX 110.15. 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 Activity

In related news, insider Paul Larbey acquired 25,484 shares of the stock in a transaction dated Thursday, November 28th. The shares were purchased at an average cost of GBX 98 ($1.21) per share, with a total value of £24,974.32 ($30,950.95). 37.91% of the stock is owned by corporate insiders.

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.