Mogo (TSE:MOGO) Trading Up 5% – Should You Buy?

Mogo Inc. (TSE:MOGO)’s stock price rose 5% during trading on Tuesday . 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 Trading Up 5.0%

The business’s 50 day moving average price is C$1.51 and its 200-day moving average price is C$2.04. The company has a current ratio of 0.49, a quick ratio of 3.99 and a debt-to-equity ratio of 123.15. The company has a market cap of C$34.69 million, a price-to-earnings ratio of 4.71 and a beta of 3.34.

Mogo (TSE:MOGO) last announced its quarterly earnings results on Friday, November 7th. The company reported C($0.19) EPS for the quarter. The company had revenue of C$16.96 million during the quarter. Mogo had a negative net margin of 22.18% and a negative return on equity of 18.65%. On average, equities analysts anticipate that Mogo Inc. will post -0.23 EPS for the current fiscal year.

Mogo Company Profile

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.