Shares of Mogo Inc. (TSE:MOGO – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.60 and traded as low as C$1.27. Mogo shares last traded at C$1.29, with a volume of 42,203 shares.
Wall Street Analyst Weigh In
Separately, Raymond James reduced their price objective on Mogo from C$4.00 to C$3.00 and set an “outperform” rating on the stock in a report on Friday, March 21st.
Check Out Our Latest Analysis on MOGO
Mogo Stock Performance
Mogo Company Profile
Mogo Inc operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada.
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