Shares of Mogo Finance Technology Inc (NASDAQ:MOGO) have received an average rating of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $3.33.
A number of research firms have recently weighed in on MOGO. Canaccord Genuity reiterated a “buy” rating and issued a $3.00 price target on shares of Mogo Finance Technology in a research report on Monday, March 30th. Mackie reissued a “buy” rating and issued a $4.00 price objective on shares of Mogo Finance Technology in a research note on Monday, June 1st. B. Riley reduced their price objective on shares of Mogo Finance Technology from $4.00 to $3.00 in a research note on Thursday, June 4th. Finally, Zacks Investment Research cut shares of Mogo Finance Technology from a “buy” rating to a “hold” rating in a research note on Wednesday, June 24th.
MOGO stock traded up $0.02 during trading hours on Friday, reaching $0.96. 67,700 shares of the stock were exchanged, compared to its average volume of 118,611. The firm’s 50-day moving average is $0.96 and its 200-day moving average is $1.68. The company has a market cap of $27.12 million, a price-to-earnings ratio of -2.38 and a beta of 1.38. The company has a debt-to-equity ratio of 32.21, a current ratio of 1.37 and a quick ratio of 1.37. Mogo Finance Technology has a 12 month low of $0.55 and a 12 month high of $3.88.
About Mogo Finance Technology
Mogo Finance Technology Inc operates as a financial technology company in Canada. The company offers solutions that help consumers to manage and control their finances. It offers free credit score monitoring; MogoProtect, an identity fraud protection solution; MogoCard, a Mogo Visa Platinum Prepaid Card; MogoMortgage, a digital mortgage solution; MogoCrypto account; and MogoMoney that enables the buying and selling of bitcoin, as well as access to consumer credit products.
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