Mogo (TSE:MOGO) Shares Down 5.7%

Mogo Inc. (TSE:MOGO) was down 5.7% during mid-day trading on Wednesday . The stock traded as low as C$1.49 and last traded at C$1.50. Approximately 41,966 shares traded hands during trading, an increase of 55% from the average daily volume of 27,092 shares. The stock had previously closed at C$1.59.

Mogo Stock Performance

The company has a market cap of C$36.42 million, a PE ratio of -2.17 and a beta of 3.33. The company has a debt-to-equity ratio of 111.91, a quick ratio of 3.99 and a current ratio of 3.39. The firm’s 50 day moving average is C$1.86 and its 200-day moving average is C$2.23.

About Mogo

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.