Mogo (TSE:MOGO) Share Price Passes Below 200 Day Moving Average – Here’s Why

Mogo Inc. (TSE:MOGOGet Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.79 and traded as low as C$1.39. Mogo shares last traded at C$1.46, with a volume of 34,936 shares trading hands.

Mogo Stock Performance

The stock has a market capitalization of C$34.69 million, a PE ratio of 4.71 and a beta of 3.34. The firm has a 50 day moving average of C$1.46 and a 200-day moving average of C$1.78. The company has a debt-to-equity ratio of 109.06, a quick ratio of 3.99 and a current ratio of 1.56.

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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