Is Selling Bango plc Here a Winning Strategy?

 Is Selling Bango plc Here a Winning Strategy?

The stock of Bango plc (LON:BGO) is a huge mover today! The stock decreased 1.91% or GBX 1.5 on November 10, hitting GBX 77. About 12,234 shares traded hands. Bango plc (LON:BGO) has risen 84.71% since April 12, 2016 and is uptrending. It has outperformed by 79.06% the S&P500.
The move comes after 9 months negative chart setup for the GBX 51.40M company. It was reported on Nov, 10 by Barchart.com. We have GBX 66.99 PT which if reached, will make LON:BGO worth GBX 6.68 million less.

More recent Bango plc (LON:BGO) news were published by: Fool.Co.Uk which released: “Are Watchstone Group PLC And Bango plc Priced To Buy?” on January 05, 2016. Also Fool.Co.Uk published the news titled: “Are Vodafone Group plc and Bango plc poised to deliver big gains for investors?” on May 09, 2016. Fool.Co.Uk‘s news article titled: “Why Are Lonmin Plc, Oxford BioMedica plc & Bango plc Among Today’s Biggest …” with publication date: April 19, 2016 was also an interesting one.

Bango PLC offers the Bango mobile payment platform. The company has a market cap of 51.40 million GBP. The Company’s principal activity is the development, marketing and sale of technology to enable mobile phone users to make payments for digital content and media on smartphones and tablets. It currently has negative earnings. The Company’s divisions include End user activity and Platform fees.

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