Free Trial

Mogo (TSE:MOGO) Stock Price Up 57.5% - Should You Buy?

Mogo logo with Computer and Technology background

Mogo Inc. (TSE:MOGO - Get Free Report) shares shot up 57.5% during trading on Wednesday . The stock traded as high as C$3.80 and last traded at C$2.11. 2,013,520 shares changed hands during mid-day trading, an increase of 4,132% from the average session volume of 47,581 shares. The stock had previously closed at C$1.34.

Wall Street Analysts Forecast Growth

Separately, Raymond James decreased their target price on Mogo from C$4.00 to C$3.00 and set an "outperform" rating on the stock in a research report on Friday, March 21st.

Get Our Latest Stock Analysis on Mogo

Mogo Stock Performance

The company's 50-day simple moving average is C$1.35 and its 200-day simple moving average is C$1.66. The stock has a market cap of C$43.29 million, a price-to-earnings ratio of -2.77 and a beta of 3.31. The company has a quick ratio of 3.99, a current ratio of 0.49 and a debt-to-equity ratio of 123.15.

Mogo Company Profile

(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

Should You Invest $1,000 in Mogo Right Now?

Before you consider Mogo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mogo wasn't on the list.

While Mogo currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Analysts Are Watching These 4 Penny Stocks—You Should Too
Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines