Orion Digital (NASDAQ:ORIO) Posts Quarterly Earnings Results

Orion Digital (NASDAQ:ORIOGet Free Report) announced its quarterly earnings data on Thursday. The company reported $0.03 EPS for the quarter, Zacks reports. Orion Digital had a positive return on equity of 9.62% and a negative net margin of 3.57%.The business had revenue of $12.18 million during the quarter.

Orion Digital Stock Up 0.1%

NASDAQ ORIO traded up $0.00 on Friday, reaching $0.67. The company had a trading volume of 19,085 shares, compared to its average volume of 58,083. The firm has a market capitalization of $16.08 million, a price-to-earnings ratio of -8.41 and a beta of 2.47. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.43 and a current ratio of 1.43. Orion Digital has a 1-year low of $0.61 and a 1-year high of $2.07. The company’s fifty day moving average is $0.79 and its 200-day moving average is $0.97.

Analysts Set New Price Targets

ORIO has been the subject of several research analyst reports. Zacks Research lowered shares of Orion Digital from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Orion Digital in a report on Thursday, June 11th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Orion Digital currently has a consensus rating of “Reduce”.

View Our Latest Research Report on ORIO

About Orion Digital

(Get Free Report)

Mogo Inc operates as a financial technology company in Canada and internationally. The company provides digital solutions to the consumers to get in control of their financial health. It offers Mogo app to access a digital spending account with Mogo Visa Platinum Prepaid Card; MogoCrypto that enables the buying and selling of bitcoin; MogoProtect, a free ID fraud protection and monthly credit score monitoring; MogoMortgage, a digital mortgage experience; and MogoMoney that provides access to personal loans.

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