Mogo (TSE:MOGO) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Mogo Inc. (TSE:MOGO)’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 Price Performance

The company has a current ratio of 1.56, a quick ratio of 3.99 and a debt-to-equity ratio of 109.06. The company has a market capitalization of C$34.69 million, a P/E ratio of 4.71 and a beta of 3.34. The company has a 50 day moving average price of C$1.46 and a 200 day moving average price of C$1.79.

Mogo Company Profile

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.