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Mogo (TSE:MOGO) Shares Up 99.4% - Time to Buy?

Mogo logo with Computer and Technology background

Mogo Inc. (TSE:MOGO - Get Free Report)'s share price traded up 99.4% during trading on Thursday . The stock traded as high as C$5.19 and last traded at C$3.47. 2,046,435 shares changed hands during trading, an increase of 2,798% from the average session volume of 70,626 shares. The stock had previously closed at C$1.74.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Analysis on MOGO

Mogo Trading Down 14.7%

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 stock's 50-day moving average is C$1.75 and its two-hundred day moving average is C$1.64. The company has a market cap of C$71.20 million, a P/E ratio of -4.56 and a beta of 3.31.

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

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