Mogo (NASDAQ:MOGO) Shares Up 2% – What’s Next?

Mogo Inc. (NASDAQ:MOGO)’s share price shot up 2% during mid-day trading on Friday . The company traded as high as $1.29 and last traded at $1.25. 49,714 shares were traded during trading, a decline of 10% from the average session volume of 55,310 shares. The stock had previously closed at $1.23.

Wall Street Analyst Weigh In

Separately, HC Wainwright reiterated a “buy” rating and issued a $6.00 price objective on shares of Mogo in a research note on Thursday, November 7th.

Mogo Stock Up 2.0 %

The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.50. The stock’s 50-day moving average price is $1.39 and its 200-day moving average price is $1.29. The company has a market cap of $30.59 million, a P/E ratio of -2.66 and a beta of 2.96.

Mogo Company Profile

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.