Mogo Inc. (TSE:MOGO – Get Free Report) shares dropped 3.8% during mid-day trading on Friday . The stock traded as low as C$1.97 and last traded at C$2.01. Approximately 26,615 shares changed hands during trading, a decline of 18% from the average daily volume of 32,596 shares. The stock had previously closed at C$2.09.
Mogo Stock Performance
The company has a current ratio of 3.39, a quick ratio of 3.99 and a debt-to-equity ratio of 111.91. The stock’s 50-day moving average price is C$1.61 and its 200-day moving average price is C$1.86. The company has a market capitalization of C$48.80 million, a P/E ratio of -2.91 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.
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