Mogo (TSE:MOGO) Shares Down 1.6% – Here’s Why

Mogo Inc. (TSE:MOGOGet Free Report)’s share price was down 1.6% during trading on Friday . The company traded as low as C$1.88 and last traded at C$1.89. Approximately 15,538 shares traded hands during trading, an increase of 5% from the average daily volume of 14,767 shares. The stock had previously closed at C$1.92.

Mogo Price Performance

The company has a fifty day simple moving average of C$1.89 and a two-hundred day simple moving average of C$1.81. The stock has a market capitalization of C$45.89 million, a price-to-earnings ratio of -2.74 and a beta of 3.31. The company has a debt-to-equity ratio of 111.91, a quick ratio of 3.99 and a current ratio of 3.39.

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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