Home  »  Industry   »  Mogo Inc. (MOGO) on Track to Reach $12.35 in a Yea...

Mogo Inc. (MOGO) on Track to Reach $12.35 in a Year

Mogo Inc. (NASDAQ: MOGO) is 161.27% higher on its value in year-to-date trading and has touched a low of $0.72 and a high of $12.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MOGO stock was last observed hovering at around $8.50 in the last trading session, with the day’s gains setting it 1.35% off its average median price target of $12.35 for the next 12 months. It is also 38.44% off the consensus price target high of $16.00 offered by 4 analysts, but current levels are 11.66% higher than the price target low of $11.15 for the same period.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $9.85, the stock is 8.66% and 25.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.18 million and changing 15.88% at the moment leaves the stock 180.05% off its SMA200. MOGO registered 771.68% gain for a year compared to 6-month gain of 584.03%. The firm has a 50-day simple moving average (SMA 50) of $9.01 and a 200-day simple moving average (SMA200) of $4.49.

The stock witnessed a 22.67% loss in the last 1 month and extending the period to 3 months gives it a 142.61%, and is 8.60% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.52% over the week and 14.74% over the month.

Distance from 52-week low is 1259.00% and -19.85% from its 52-week high.

Mogo Inc. (MOGO) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Mogo Inc. (MOGO) is a “Overweight”. 4 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 1 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

.

Mogo Inc. (MOGO) Top Institutional Holders

21 institutions hold shares in Mogo Inc. (MOGO), with 9.17M shares held by insiders accounting for 16.49% while institutional investors hold 6.65% of the company’s shares. The shares outstanding are 47.16M, and float is at 46.48M with Short Float at 1.31%. Institutions hold 5.55% of the Float.

The top institutional shareholder in the company is Fortress Investment Group LLC with over 1.35 million shares valued at $5.09 million. The investor’s holdings represent 2.61% of the MOGO Shares outstanding. As of Dec 30, 2020, the second largest holder is Renaissance Technologies, LLC with 0.85 million shares valued at $3.22 million to account for 1.65% of the shares outstanding. The other top investors are Boothbay Fund Management, LLC which holds 0.22 million shares representing 0.42% and valued at over $0.81 million, while Nicola Wealth Management Ltd. holds 0.28% of the shares totaling 0.15 million with a market value of $0.56 million.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

7 GROWTH STOCKS FOR 2021

Download Free eBook For

100% free. stop anytime no spam

GIFT

Download free eBook for 

7 GROWTH  STOCKS FOR 2021

WAIT 
WE HAVE GIFT FOR YOU