Mogo (TSE:MOGO) Shares Down 0.5% – What’s Next?

Mogo Inc. (TSE:MOGO) shares were down 0.5% on Friday . The stock traded as low as C$1.89 and last traded at C$1.92. Approximately 22,263 shares were traded during trading, a decline of 31% from the average daily volume of 32,387 shares. The stock had previously closed at C$1.93.

Mogo Stock Performance

The stock’s fifty day simple moving average is C$1.74 and its 200-day simple moving average is C$1.83. The company has a quick ratio of 3.99, a current ratio of 3.39 and a debt-to-equity ratio of 111.91. The company has a market capitalization of C$46.62 million, a PE ratio of -2.78 and a beta of 3.31.

About Mogo

Mogo Inc operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada.