Mogo Inc (NASDAQ: MOGO) is 30.32% higher on its value in year-to-date trading and has touched a low of $0.74 and a high of $3.83 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 $1.91 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $2.02, the stock is 15.36% and 36.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.45 million and changing 5.76% at the moment leaves the stock 63.71% off its SMA200. MOGO registered 48.53% gain for a year compared to 6-month loss of 64.90%. The firm has a 50-day simple moving average (SMA 50) of $1.46498 and a 200-day simple moving average (SMA200) of $1.22977.
The stock witnessed a 66.94% gain in the last 1 month and extending the period to 3 months gives it a 151.87%, and is 3.06% 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 5.94% over the week and 10.91% over the month.
Mogo Inc (MOGO) has around 178 employees, a market worth around $49.43M and $50.93M in sales. Profit margin for the company is -31.05%. Distance from 52-week low is 172.97% and -47.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.95%).
The EPS is expected to shrink by -82.14% this year.
Mogo Inc (MOGO) Top Institutional Holders
27.0 institutions hold shares in Mogo Inc (MOGO), with institutional investors hold 19.49% of the company’s shares. The shares outstanding are 24.28M, and float is at 20.50M with Short Float at 1.26%. Institutions hold 16.46% of the Float.
The top institutional shareholder in the company is TOROSO INVESTMENTS, LLC with over 1.32 million shares valued at $1.94 million. The investor’s holdings represent 5.4503% of the MOGO Shares outstanding. As of 2024-06-30, the second largest holder is MARINER, LLC with 0.61 million shares valued at $0.89 million to account for 2.5023 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 47528.0 shares representing 0.1963% and valued at over $69866.0, while CITADEL ADVISORS LLC holds 0.1925 of the shares totaling 46623.0 with a market value of $68536.0.
Mogo Inc (MOGO) Insider Activity
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