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Bango plc ( (GB:BGO) ) has shared an update.
Bango PLC announced that Ray Anderson, the Executive Chair, exercised an option for over 32,500 ordinary shares at a price of 101.3 pence, which was granted in 2015 and set to expire in 2025. This transaction leaves Anderson’s total shareholding unchanged at approximately 7.7% of the company’s total issued share capital, indicating a stable position in the company’s ownership structure.
The most recent analyst rating on (GB:BGO) stock is a Buy with a £244.00 price target. To see the full list of analyst forecasts on Bango plc stock, see the GB:BGO Stock Forecast page.
Spark’s Take on GB:BGO Stock
According to Spark, TipRanks’ AI Analyst, GB:BGO is a Neutral.
Bango plc’s overall stock score is primarily driven by its strong financial performance, particularly in revenue growth and cash flow stability. However, the technical analysis indicates mixed signals, and the valuation is negatively impacted by the lack of profitability and dividend yield. These factors collectively result in a moderate stock score.
To see Spark’s full report on GB:BGO stock, click here.
More about Bango plc
Bango PLC is a company that enables content providers to reach more paying customers through global partnerships. It has revolutionized the monetization of digital content and services by facilitating online payments for mobile phone users worldwide. Bango’s Digital Vending Machine® is a key driver in the growth of the subscription economy, providing choice and control for subscribers. Major content providers like Amazon, Google, and Microsoft utilize Bango’s technology to expand their subscriber reach.
Average Trading Volume: 63,160
Technical Sentiment Signal: Hold
Current Market Cap: £78.75M
See more data about BGO stock on TipRanks’ Stock Analysis page.