Orion Digital Corp. (NASDAQ:ORIO – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $0.96 and traded as high as $1.04. Orion Digital shares last traded at $1.02, with a volume of 177,240 shares changing hands.
Analysts Set New Price Targets
A number of analysts have issued reports on the company. Weiss Ratings raised Orion Digital from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Zacks Research downgraded shares of Orion Digital from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.
Check Out Our Latest Report on Orion Digital
Orion Digital Stock Up 6.8%
The company has a debt-to-equity ratio of 0.47, a current ratio of 1.52 and a quick ratio of 1.52. The stock has a market cap of $24.26 million, a price-to-earnings ratio of -2.04 and a beta of 2.48. The firm’s 50-day moving average is $0.98 and its 200 day moving average is $0.96.
Orion Digital (NASDAQ:ORIO – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.03 earnings per share for the quarter. Orion Digital had a negative net margin of 24.49% and a negative return on equity of 6.17%. The company had revenue of $12.18 million for the quarter.
About Orion Digital
Mogo Inc operates as a financial technology company in Canada and internationally. The company provides digital solutions to the consumers to get in control of their financial health. It offers Mogo app to access a digital spending account with Mogo Visa Platinum Prepaid Card; MogoCrypto that enables the buying and selling of bitcoin; MogoProtect, a free ID fraud protection and monthly credit score monitoring; MogoMortgage, a digital mortgage experience; and MogoMoney that provides access to personal loans.
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