Mogo (TSE:MOGO) Shares Climb 5% – Should You Buy?

Mogo Inc. (TSE:MOGO – Get Free Report) traded up 5% during trading on Friday. The stock traded as high as C$1.48 and last traded at C$1.46. 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 Price Performance

The firm’s 50 day moving average is C$1.46 and its two-hundred day moving average is C$1.46. The firm has a market capitalization of C$34.69 million, a P/E ratio of 4.71 and a beta of 3.34. The company has a debt-to-equity ratio of 109.06, a current ratio of 1.56 and a quick ratio of 3.99.

Mogo Company Profile

(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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