Mogo (TSE:MOGO) Trading Down 0.5% – What’s Next?

Mogo Inc. (TSE:MOGOGet Free Report)’s stock price dropped 0.5% during mid-day trading on Friday . The company traded as low as C$1.91 and last traded at C$1.99. Approximately 120,513 shares were traded during trading, an increase of 65% from the average daily volume of 72,993 shares. The stock had previously closed at C$2.00.

Mogo Stock Down 0.5%

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 of C$2.49 and a 200-day moving average of C$2.22. The company has a market capitalization of C$47.28 million, a P/E ratio of 12.44 and a beta of 3.08.

Mogo Company Profile

(Get Free Report)

Mogo, one of Canada’s leading digital finance companies, is empowering its members with simple digital solutions to help them build wealth and achieve financial freedom. Mogo’s trade app, MogoTrade, offers commission-free stock trading that helps users make a positive impact with every investment and together with Moka, Mogo’s wholly-owned subsidiary bringing automated, fully-managed flat-fee investing to Canadians, forms the heart of Mogo’s digital wealth platform.

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