Mogo (TSE:MOGO) Shares Down 3.8% – What’s Next?

Mogo Inc. (TSE:MOGOGet Free Report) fell 3.8% during trading on Friday . The company traded as low as C$1.97 and last traded at C$2.01. 26,615 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 32,596 shares. The stock had previously closed at C$2.09.

Mogo Stock Performance

The stock has a 50 day moving average of C$1.60 and a 200 day moving average of C$1.86. The company has a quick ratio of 3.99, a current ratio of 3.39 and a debt-to-equity ratio of 111.91. The firm has a market cap of C$48.80 million, a price-to-earnings ratio of -2.91 and a beta of 3.31.

About Mogo

(Get Free Report)

Mogo Inc operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada.

Further Reading

Receive News & Ratings for Mogo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mogo and related companies with MarketBeat.com's FREE daily email newsletter.