Mogo (TSE:MOGO) Shares Down 3.8% – Should You Sell?

Mogo Inc. (TSE:MOGO)’s share price traded down 3.8% on Friday . The company traded as low as C$1.97 and last traded at C$2.01. 26,615 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 32,596 shares. The stock had previously closed at C$2.09.

Mogo Trading Down 3.8 %

The stock has a market cap of C$48.80 million, a P/E ratio of -2.91 and a beta of 3.31. The company has a quick ratio of 3.99, a current ratio of 3.39 and a debt-to-equity ratio of 111.91. The business’s 50 day simple moving average is C$1.60 and its two-hundred day simple moving average is C$1.86.

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.