Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $2.03 in the prior trading day, Mogo Inc (NASDAQ: MOGO) closed at $2.0, down -1.48%. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 4.87 million shares were traded. MOGO stock price reached its highest trading level at $2.12 during the session, while it also had its lowest trading level at $2.0.
Ratios:
Our goal is to gain a better understanding of MOGO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on January 26, 2022, Reiterated its Buy rating but revised its target price to $9 from $13 previously.
On June 15, 2021, BTIG Research started tracking the stock assigning a Buy rating and target price of $13.
Canaccord Genuity Upgraded its Hold to Speculative Buy on May 14, 2021, whereas the target price for the stock was revised from $85 to $100.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MOGO now has a Market Capitalization of 48891200 and an Enterprise Value of 103943432. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 2.505.
Stock Price History:
The Beta on a monthly basis for MOGO is 3.27, which has changed by 0.30718958 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, MOGO has reached a high of $3.83, while it has fallen to a 52-week low of $0.74. The 50-Day Moving Average of the stock is 45.35%, while the 200-Day Moving Average is calculated to be 65.16%.
Shares Statistics:
The stock has traded on average 7.15M shares per day over the past 3-months and 29332260 shares per day over the last 10 days, according to various share statistics. A total of 24.28M shares are outstanding, with a floating share count of 20.50M. Insiders hold about 16.21% of the company’s shares, while institutions hold 10.78% stake in the company. Shares short for MOGO as of 1749772800 were 259314 with a Short Ratio of 0.04, compared to 1747267200 on 1053085. Therefore, it implies a Short% of Shares Outstanding of 259314 and a Short% of Float of 1.16.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
