Mogo (TSE:MOGO) Shares Pass Below 200-Day Moving Average – What’s Next?

Mogo Inc. (TSE:MOGOGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.48 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 stock has a market cap of C$34.69 million, a PE ratio of 4.71 and a beta of 3.34. The company has a debt-to-equity ratio of 109.06, a current ratio of 1.56 and a quick ratio of 3.99. The firm’s 50 day moving average price is C$1.46 and its two-hundred day moving average price is C$1.48.

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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