Mogo Inc. (TSE:MOGO - Get Free Report) was up 99.4% during trading on Thursday . The stock traded as high as C$5.19 and last traded at C$3.47. Approximately 2,046,435 shares traded hands during trading, an increase of 2,798% from the average daily volume of 70,626 shares. The stock had previously closed at C$1.74.
Wall Street Analysts Forecast Growth
Separately, Raymond James Financial lowered their price target on shares of 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.
Read Our Latest Stock Analysis on MOGO
Mogo Stock Performance
The firm's 50 day moving average price is C$1.75 and its two-hundred day moving average price is C$1.64. The firm has a market cap of C$83.46 million, a PE ratio of -5.35 and a beta of 3.31. The company has a debt-to-equity ratio of 123.15, a quick ratio of 3.99 and a current ratio of 0.49.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
