Mogo (MOGO) Upgraded by Zacks Investment Research to Hold

Mogo stock has undergone multiple analysts rating changes in the recent past.  Mogo Upgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Strong Sell.

Shares of Mogo traded up $0.11 on Tuesday, reaching $5.02. 71 shares of the stock traded hands, compared to its average volume of 846629. Shares of Mogo were trading at $5.02 on Tuesday. The firm’s 50 day moving average is $5.10 and its 200 day moving average is $6.76.Mogo has a 12 month low of $4.75 and a 12 month high of $12.29. While on yearly highs and lows, Mogo’s today has traded high as $5.03 and has touched $4.75 on the downward trend. See More Analyst Rating at: RATING

Mogo Earnings and What to expect: 

Mogo last posted its earnings data on August 11th, 2021. The reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.09. The firm had revenue of $11.12 million for the quarter, compared to analysts’ expectations of $8.01 million. Mogo has generated ($0.30) earnings per share over the last year ($0.02 diluted earnings per share) and currently has a price-to-earnings ratio of 251.1. Earnings for Mogo are expected to grow in the coming year, from ($0.54) to ($0.44) per share. Mogo has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 9th, 2021 based off prior year’s report dates.

Earnings for Mogo are expected to grow in the coming year, from ($0.54) to ($0.44) per share. The P/E ratio of Mogo is 251.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of Mogo is 251.13, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 26.49. Mogo has a P/B Ratio of 41.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Mogo (MOGO) Moving Average Technical Analysis

5 day Moving Average is $4.68 And 5 day price change is $0.79 (18.68%)  with average volume for 5 day average is 1,041,560. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $4.58 and 20 day price change is $0.48 (10.57%) and average 20 day moving volume is 845,630. 50 day moving average is $5.10  and 50 day price change is -$0.54 ( -9.71%)  and with average volume for 50 days is : 1,348,656. 200 day moving average is $6.76  and 200 day price change is $1.38 (37.91%)  and with average volume for 200 days is : 2,111,450.

Other owners latest trading in Mogo :

  • On 9/17/2021 shares held by Virtu Financial LLC were 11,991 which equates to market value of $94K and appx 0.00% owners of Mogo
  • On 8/17/2021 shares held by Invesco Ltd. were 1,612,827 which equates to market value of $12.66M and appx 0.00% owners of Mogo
  • On 8/17/2021 shares held by Paloma Partners Management Co were 60,049 which equates to market value of $0.47M and appx 0.00% owners of Mogo
  • In total Institutional ownership equates to Institutional Ownership Percentage: 16.34% for Mogo

See More Analyst Rating at: RATING