Separately, Berenberg Bank restated a buy rating and set a GBX 300 ($3.68) price objective on shares of Bango in a research note on Tuesday.
Bango Price Performance
BGO stock opened at GBX 181 ($2.22) on Tuesday. Bango has a twelve month low of GBX 125 ($1.53) and a twelve month high of GBX 230 ($2.82). The company has a current ratio of 3.33, a quick ratio of 2.93 and a debt-to-equity ratio of 0.29. The company has a market capitalization of £138.00 million and a P/E ratio of 335.00. The firm has a 50 day simple moving average of GBX 166.45 and a 200-day simple moving average of GBX 176.34.
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 Marketplace that enables app marketers in finding Bango Audiences to directly reach new paying users; Bango Payments, which connects online app stores and merchants to approximately 3 billion users; Bango Resale, a solution to deliver the results from reselling and bundling products and services; and Bango Boost+, a customer and revenue growth program.
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