Wall Street brokerages forecast that Mogo Finance Technology Inc (NASDAQ:MOGO) will post earnings of ($0.16) per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Mogo Finance Technology’s earnings, with the lowest EPS estimate coming in at ($0.17) and the highest estimate coming in at ($0.15). Mogo Finance Technology reported earnings of ($0.18) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 11.1%. The firm is expected to report its next earnings results on Wednesday, November 6th.

On average, analysts expect that Mogo Finance Technology will report full-year earnings of ($0.63) per share for the current year, with EPS estimates ranging from ($0.66) to ($0.60). For the next year, analysts anticipate that the company will post earnings of ($0.41) per share, with EPS estimates ranging from ($0.56) to ($0.33). Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Mogo Finance Technology.

Several brokerages have recently issued reports on MOGO. Mackie set a $10.00 price objective on shares of Mogo Finance Technology and gave the company a “buy” rating in a research note on Wednesday, September 4th. BMO Capital Markets cut shares of Mogo Finance Technology from an “outperform” rating to a “market perform” rating in a research note on Friday, August 16th.

MOGO stock traded down $0.09 during midday trading on Thursday, hitting $3.00. The stock had a trading volume of 19,400 shares, compared to its average volume of 16,363. The firm has a market cap of $71.28 million, a PE ratio of -4.35 and a beta of 1.73. The company has a debt-to-equity ratio of 3.92, a current ratio of 1.18 and a quick ratio of 1.18. Mogo Finance Technology has a 12-month low of $1.98 and a 12-month high of $4.05. The company’s 50-day moving average price is $2.84 and its 200 day moving average price is $2.99.

Mogo Finance Technology Company Profile

Mogo Finance Technology Inc operates as a financial technology company in Canada. The company offers solutions that help consumers to manage and control their finances. It offers free credit score monitoring; MogoProtect, an identity fraud protection solution; MogoCard, a Mogo Visa Platinum Prepaid Card; MogoMortgage, a digital mortgage solution; MogoCrypto account; and MogoMoney that enables the buying and selling of bitcoin, as well as access to consumer credit products.

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Earnings History and Estimates for Mogo Finance Technology (NASDAQ:MOGO)

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