Mogo (TSE:MOGO) Stock Jumps 5% – Time to Buy?

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

Mogo Trading Up 5.0%

The firm has a market cap of C$34.69 million, a price-to-earnings ratio of 4.71 and a beta of 3.34. The company has a debt-to-equity ratio of 109.06, a quick ratio of 3.99 and a current ratio of 1.56. The company has a 50 day moving average price of C$1.46 and a 200 day moving average price of C$1.46.

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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