Mogo (NASDAQ:MOGO) Shares Up 1% – What’s Next?

Shares of Mogo Inc. (NASDAQ:MOGO) were up 1% during mid-day trading on Tuesday . The company traded as high as $1.07 and last traded at $1.04. Approximately 44,234 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 56,498 shares. The stock had previously closed at $1.03.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and set a $6.00 target price on shares of Mogo in a report on Tuesday, September 24th.

Mogo Trading Up 1.0 %

The firm has a market cap of $25.50 million, a PE ratio of -2.31 and a beta of 2.78. The firm has a fifty day simple moving average of $1.20 and a two-hundred day simple moving average of $1.49. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.45.

Mogo (NASDAQ:MOGO) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.07. The company had revenue of $12.83 million during the quarter, compared to analyst estimates of $12.77 million. Mogo had a negative return on equity of 17.25% and a negative net margin of 24.68%. Equities analysts forecast that Mogo Inc. will post -0.49 EPS for the current year.

Mogo Company Profile

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.