NASDAQ:MOGOMogo Finance Technology Stock Price, Forecast & News

Mogo Finance Technology's stock was trading at $1.7166 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MOGO stock has decreased by 44.9% and is now trading at $0.9452. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mogo Finance Technology in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mogo Finance Technology.

Mogo Finance Technology is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. View our earnings forecast for Mogo Finance Technology.

Mogo Finance Technology Inc (NASDAQ:MOGO) announced its quarterly earnings data on Wednesday, June, 3rd. The company reported ($0.22) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.28) by $0.06. The business earned $10.37 million during the quarter, compared to analysts' expectations of $8.96 million. Mogo Finance Technology had a negative net margin of 23.96% and a negative return on equity of 563.45%. View Mogo Finance Technology's earnings history.

4 equities research analysts have issued 12 month target prices for Mogo Finance Technology's shares. Their forecasts range from $3.00 to $4.00. On average, they expect Mogo Finance Technology's share price to reach $3.33 in the next year. This suggests a possible upside of 252.7% from the stock's current price. View analysts' price targets for Mogo Finance Technology.

News stories about MOGO stock have trended negative on Wednesday, InfoTrie reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mogo Finance Technology earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Mogo Finance Technology.

Mogo Finance Technology saw a increase in short interest in June. As of June 15th, there was short interest totaling 181,000 shares, an increase of 12.1% from the May 31st total of 161,400 shares. Based on an average trading volume of 173,500 shares, the short-interest ratio is currently 1.0 days. Approximately 1.2% of the shares of the stock are sold short. View Mogo Finance Technology's Current Options Chain.

Some companies that are related to Mogo Finance Technology include Weidai (WEI), Velocity Financial (VEL), Medallion Financial (MFIN), Elevate Credit (ELVT), Consumer Portfolio Services (CPSS), Hexindai (HX), On Deck Capital (ONDK), Fincera (YUANF), Senmiao Technology (AIHS), Harvest Capital Credit (HCAP), China Rapid Finance (XRF), Golden Bull (DNJR) and LM Funding America (LMFA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mogo Finance Technology investors own include NIO (NIO), Goodrich Petroleum (GDP), Goodrich Petroleum (GDP), Iterum Therapeutics (ITRM), Ring Energy (REI), Ring Energy (REI), Canadian Natural Resources (CNQ), Enterprise Products Partners (EPD), Ford Motor (F) and Gilead Sciences (GILD).

Mogo Finance Technology trades on the NASDAQ under the ticker symbol "MOGO."

Shares of MOGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MOGO stock can currently be purchased for approximately $0.95.

Mogo Finance Technology has a market capitalization of $27.22 million and generates $45.07 million in revenue each year. The company earns $-8,160,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis. Mogo Finance Technology employs 278 workers across the globe.

The official website for Mogo Finance Technology is www.mogo.ca.

Mogo Finance Technology's mailing address is 2100-401 WEST GEORGIA STREET, VANCOUVER BC, V6B 5A1. The company can be reached via phone at 604-659-4380 or via email at [email protected]