Mogo (TSE:MOGO) Shares Up 5% – What’s Next?

Mogo Inc. (TSE:MOGO) was up 5% during trading on Tuesday . The company traded as high as C$1.48 and last traded at C$1.46. Approximately 34,936 shares traded hands 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 Stock Up 5.0%

The stock has a 50-day moving average price of C$1.59 and a 200-day moving average price of C$2.17. The company has a debt-to-equity ratio of 123.15, a current ratio of 0.49 and a quick ratio of 3.99. The company has a market capitalization of C$34.69 million, a P/E ratio of 4.71 and a beta of 3.34.

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

About Mogo

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.