Mogo (TSE:MOGO) Shares Down 2.2% – What’s Next?

Mogo Inc. (TSE:MOGOGet Free Report)’s stock price fell 2.2% during trading on Monday . The company traded as low as C$1.72 and last traded at C$1.74. 82,652 shares traded hands during mid-day trading, an increase of 285% from the average session volume of 21,481 shares. The stock had previously closed at C$1.78.

Mogo Trading Down 1.7 %

The company has a market capitalization of C$41.76 million, a price-to-earnings ratio of -2.49 and a beta of 3.31. 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 company’s 50 day simple moving average is C$1.89 and its two-hundred day simple moving average is C$1.76.

Mogo Company Profile

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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.

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