Mogo (TSE:MOGO) Stock Passes Below 50-Day Moving Average – Here’s What Happened

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

Mogo Price Performance

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

About Mogo

(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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