Mogo Inc. (TSE:MOGO - Get Free Report) shares were up 57.5% during trading on Wednesday . The stock traded as high as C$3.80 and last traded at C$2.11. Approximately 2,013,520 shares traded hands during trading, an increase of 4,132% from the average daily volume of 47,581 shares. The stock had previously closed at C$1.34.
Analyst Ratings Changes
Separately, Raymond James cut their price target on Mogo from C$4.00 to C$3.00 and set an "outperform" rating for the company in a research note on Friday, March 21st.
Check Out Our Latest Analysis on MOGO
Mogo Stock Up 1.7%
The firm has a market capitalization of C$43.78 million, a PE ratio of -2.80 and a beta of 3.31. The company has a debt-to-equity ratio of 123.15, a current ratio of 0.49 and a quick ratio of 3.99. The company has a 50-day moving average price of C$1.33 and a 200 day moving average price of C$1.65.
About Mogo
(
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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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