Mogo Finance Technology Inc (MOGO) Insider Michael A. Wekerle Acquires 12,500 Shares

Mogo Finance Technology Inc (TSE:MOGO) insider Michael A. Wekerle purchased 12,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 15th. The shares were purchased at an average cost of C$3.19 per share, for a total transaction of C$39,875.00.

Mogo Finance Technology Inc (TSE:MOGO) traded down 0.31% on Monday, reaching $3.20. The company had a trading volume of 58,090 shares. The firm’s market capitalization is $58.55 million. The company’s 50 day moving average is $0.00 and its 200-day moving average is $0.00. Mogo Finance Technology Inc has a one year low of $1.10 and a one year high of $4.10.

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A number of research firms recently weighed in on MOGO. Canaccord Genuity upped their price target on Mogo Finance Technology from C$2.50 to C$3.25 in a research note on Friday, February 17th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$3.00 price target on shares of Mogo Finance Technology in a research note on Friday, January 6th.

About Mogo Finance Technology

Mogo Finance Technology Inc is a Canada-based financial technology company, which is focused on building a digital financial brand, Mogo. The Company’s technology platform provides consumers with access to responsible credit solutions. The Company leverages big data algorithms and the technologies to manage the customer experience.

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