Mogo (NASDAQ:MOGO) Rating Reiterated by HC Wainwright

HC Wainwright reissued their buy rating on shares of Mogo (NASDAQ:MOGO) in a research report released on Tuesday morning, Benzinga reports. HC Wainwright currently has a $6.00 price target on the stock.

Mogo Stock Down 2.0 %

MOGO stock opened at $1.20 on Tuesday. The firm has a market cap of $29.24 million, a PE ratio of -2.66 and a beta of 2.79. Mogo has a 12 month low of $0.95 and a 12 month high of $2.25. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.38 and a quick ratio of 1.38. The firm has a 50 day simple moving average of $1.27 and a 200 day simple moving average of $1.56.

Mogo (NASDAQ:MOGO) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.07. The company had revenue of $12.83 million during the quarter, compared to the consensus estimate of $12.77 million. Mogo had a negative return on equity of 17.25% and a negative net margin of 24.68%. Equities research analysts forecast that Mogo will post -0.49 earnings per share for the current fiscal year.

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.