Bango (LON:BGO) Releases Quarterly Earnings Results

Bango (LON:BGO) issued its earnings results on Tuesday. The company reported GBX (0.55) (($0.01)) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

LON:BGO traded up GBX 12 ($0.16) during mid-day trading on Tuesday, hitting GBX 176.50 ($2.31). The stock had a trading volume of 279,733 shares, compared to its average volume of 195,672. Bango has a twelve month low of GBX 36 ($0.47) and a twelve month high of GBX 194 ($2.53). The stock has a market cap of $131.33 million and a price-to-earnings ratio of -53.48. The company’s 50 day simple moving average is GBX 148.47 and its 200 day simple moving average is GBX 134.66. The company has a debt-to-equity ratio of 7.15, a quick ratio of 1.33 and a current ratio of 1.58.

In related news, insider Nancy Cruickshank acquired 16,858 shares of the business’s stock in a transaction on Friday, July 24th. The stock was purchased at an average cost of GBX 148 ($1.93) per share, for a total transaction of £24,949.84 ($32,601.39). Also, insider Paul Larbey acquired 10,000 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were bought at an average price of GBX 139 ($1.82) per share, with a total value of £13,900 ($18,162.81).

Separately, FinnCap reiterated a “corporate” rating on shares of Bango in a research note on Tuesday, July 14th.

Bango Company Profile

Bango plc develops, markets, and sells technology to enable mobile phone users to make payments for goods and services on connected devices primarily in the United Kingdom. The company offers Bango Platform, which enables app stores and merchants to pay using carrier billing and wallets; Bango Grid that enables stores to plan, launch, and manage their payment routes; and Bango Boost, a tool to monitor and optimize carrier billing services.

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