Mogo (TSE:MOGO) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Shares of Mogo Inc. (TSE:MOGOGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.55 and traded as low as C$1.32. Mogo shares last traded at C$1.34, with a volume of 14,032 shares traded.

Mogo Stock Performance

The company has a market cap of C$32.54 million, a P/E ratio of -1.94 and a beta of 3.31. The company has a quick ratio of 3.99, a current ratio of 3.39 and a debt-to-equity ratio of 111.91. The company has a 50 day moving average price of C$1.55 and a 200-day moving average price of C$1.94.

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.

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