Mogo (TSE:MOGO) Shares Climb 5% – Here’s What Happened

Mogo Inc. (TSE:MOGO – Get Free Report) rose 5% during mid-day trading on Friday. The stock traded as high as C$1.48 and last traded at C$1.46. Approximately 34,936 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 71,115 shares. The stock had previously closed at C$1.39.

Mogo Stock Performance

The business has a fifty day moving average of C$1.46 and a 200-day moving average of C$1.46. The company has a market cap of C$34.69 million, a PE ratio of 4.71 and a beta of 3.34. The company has a current ratio of 1.56, a quick ratio of 3.99 and a debt-to-equity ratio of 109.06.

About Mogo

(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. Mogo also offers digital loans and mortgages.

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