Currently, there are 24.28M common shares owned by the public and among those 21.32M shares have been available to trade.
The company’s stock has a 5-day price change of 35.40% and 27.50% over the past three months. MOGO shares are trading 12.50% year to date (YTD), with the 12-month market performance down to -14.53% lower. It has a 12-month low price of $0.74 and touched a high of $1.95 over the same period. MOGO has an average intraday trading volume of 75.31K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 53.16%, 61.44%, and 30.54% respectively.
Institutional ownership of Mogo Inc (NASDAQ: MOGO) shares accounts for 9.72% of the company’s 24.28M shares outstanding.
It has a market capitalization of $37.44M and a beta (3y monthly) value of 3.50. The earnings-per-share (ttm) stands at -$0.65. The company has a debt-to-equity ratio at 1.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 44.01% over the week and 19.08% over the month.
Earnings per share for the fiscal year are expected to decrease by -79.71%, and 20.69% over the next financial year.
Looking at the support for the MOGO, a number of firms have released research notes about the stock. BTIG Research stated their Buy rating for the stock in a research note on January 26, 2022, with the firm’s price target at $13-$9. BTIG Research coverage for the Mogo Inc (MOGO) stock in a research note released on June 15, 2021 offered a Buy rating with a price target of $13. BMO Capital Markets on their part issued Market Perform rating on August 16, 2019.
