Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MOGO is 21.37M, and currently, short sellers hold a 2.18% ratio of that floaft. The average trading volume of MOGO on April 05, 2024 was 73.25K shares.
MOGO) stock’s latest price update
The stock of Mogo Inc (NASDAQ: MOGO) has increased by 8.11 when compared to last closing price of 1.85.Despite this, the company has seen a gain of 5.82% in its stock price over the last five trading days. InvestorPlace reported 2024-03-28 that Although it’s been a fun ride chasing some of the hottest semiconductor plays available, concerns about an overheated environment organically incentivizes the search for tech stocks to become the next big thing. Of course, it’s a risky endeavor but the rewards could be lifechanging.
MOGO’s Market Performance
Mogo Inc (MOGO) has seen a 5.82% rise in stock performance for the week, with a -6.32% decline in the past month and a 7.53% surge in the past quarter. The volatility ratio for the week is 5.88%, and the volatility levels for the past 30 days are at 7.71% for MOGO. The simple moving average for the past 20 days is 1.45% for MOGO’s stock, with a 14.10% simple moving average for the past 200 days.
Analysts’ Opinion of MOGO
Many brokerage firms have already submitted their reports for MOGO stocks, with BTIG Research repeating the rating for MOGO by listing it as a “Buy.” The predicted price for MOGO in the upcoming period, according to BTIG Research is $9 based on the research report published on January 26, 2022 of the previous year 2022.
BTIG Research, on the other hand, stated in their research note that they expect to see MOGO reach a price target of $13. The rating they have provided for MOGO stocks is “Buy” according to the report published on June 15th, 2021.
Canaccord Genuity gave a rating of “Speculative Buy” to MOGO, setting the target price at $100 in the report published on May 14th of the previous year.
MOGO Trading at 10.43% from the 50-Day Moving Average
After a stumble in the market that brought MOGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.32% of loss for the given period.
Volatility was left at 7.71%, however, over the last 30 days, the volatility rate increased by 5.88%, as shares sank -5.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.33% upper at present.
During the last 5 trading sessions, MOGO rose by +5.82%, which changed the moving average for the period of 200-days by -4.76% in comparison to the 20-day moving average, which settled at $1.9700. In addition, Mogo Inc saw 8.70% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MOGO
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.74 for the gross margin
The net margin for Mogo Inc stands at -0.27. The total capital return value is set at 0.07. Equity return is now at value -17.50, with -8.33 for asset returns.
Based on Mogo Inc (MOGO), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 0.92. The interest coverage ratio of the stock is 1.52.
Currently, EBITDA for the company is 29.28 million with net debt to EBITDA at 4.18. When we switch over and look at the enterprise to sales, we see a ratio of 2.14. The receivables turnover for the company is 53.17for trailing twelve months and the total asset turnover is 0.31.
Conclusion
In a nutshell, Mogo Inc (MOGO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
