Mogo (TSE:MOGO) Shares Up 5% – Here’s What Happened
by Tristan Rich · The Markets DailyShares of Mogo Inc. (TSE:MOGO – Get Free Report) shot up 5% on Friday . The company traded as high as C$1.48 and last traded at C$1.46. 34,936 shares changed hands during trading, a decline of 51% from the average session volume of 71,115 shares. The stock had previously closed at C$1.39.
Mogo Stock Up 5.0%
The company has a debt-to-equity ratio of 109.06, a current ratio of 1.56 and a quick ratio of 3.99. The firm has a market cap of C$34.69 million, a PE ratio of 4.71 and a beta of 3.34. The business has a fifty day moving average price of C$1.46 and a two-hundred day moving average price of C$1.49.
About Mogo
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.