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

Mogo Inc. (TSE:MOGOGet Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.96 and traded as low as C$1.79. Mogo shares last traded at C$1.81, with a volume of 15,027 shares traded.

Mogo Trading Up 2.8 %

The stock has a market capitalization of C$43.95 million, a PE ratio of -2.62 and a beta of 3.31. The stock’s 50 day moving average price is C$1.96 and its 200-day moving average price is C$1.79. The company has a quick ratio of 3.99, a current ratio of 3.39 and a debt-to-equity ratio of 111.91.

Mogo Company Profile

(Get Free Report)

Mogo Inc operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada.

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