Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Mogo Inc (NASDAQ: MOGO) closed at $1.62 up 1.25% from its previous closing price of $1.6. In other words, the price has increased by $1.25 from its previous closing price. On the day, 0.51 million shares were traded. MOGO stock price reached its highest trading level at $1.71 during the session, while it also had its lowest trading level at $1.62.
Ratios:
For a deeper understanding of Mogo Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.17. 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 39836612 and an Enterprise Value of 112684696. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 2.715.
Stock Price History:
The Beta on a monthly basis for MOGO is 3.29, which has changed by 0.20895517 over the last 52 weeks, in comparison to a change of 0.16821623 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 3.37%, while the 200-Day Moving Average is calculated to be 28.84%.
Shares Statistics:
For the past three months, MOGO has traded an average of 7.25M shares per day and 705650 over the past ten days. 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 1752537600 were 1517957 with a Short Ratio of 0.21, compared to 1749772800 on 259314. Therefore, it implies a Short% of Shares Outstanding of 1517957 and a Short% of Float of 6.760000400000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
