Separately, Berenberg Bank restated a buy rating and issued a GBX 300 ($3.68) target price on shares of Bango in a report on Tuesday.
Bango Price Performance
LON:BGO opened at GBX 181 ($2.22) on Tuesday. The firm has a market cap of £138.00 million and a price-to-earnings ratio of 335.00. 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’s 50-day moving average is GBX 166.45 and its two-hundred day moving average is GBX 176.34. Bango has a 12-month low of GBX 125 ($1.53) and a 12-month high of GBX 230 ($2.82).
Bango Company Profile
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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