Mogo Inc. (MOGO) concluded trading on 01/12/23 at a closing price of $0.82, with 0.38 million shares of worth about $0.31 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.81% during that period and on Thursday the price saw a gain of about 20.59%. Currently the company’s common shares owned by public are about 75.95M shares, out of which, 65.91M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 4 analysts are covering the MOGO stock and their offered price forecasts bring an average price target of $2.89. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $4.00 and could fall to a lowest price of $1.69. However, touching the estimated high of $4.00 would mean a gain of 79.5% for the stock.
Amplify Transformational Data Sha, Blue Planet Investment Trust Plc, and Samsung Blockchain Technologies E are the top 3 mutual funds which are holding stakes in Mogo Inc. Amplify Transformational Data Sha is currently holding 4.47 million shares of worth totaling $2.64 million. The company recently came buying 0.0 shares which brought its stake up to 5.89% of the company’s outstanding shares. Samsung Blockchain Technologies E, after buying 0.15 million shares, have now control over 0.20% of the stake in the company. It holds 0.0 shares of worth $88159.0.
However, the stock later moved at a day high price of 0.8220, or with a gain of 20.59%. Stock saw a price change of 39.65% in past 5 days and over the past one month there was a price change of 41.23%. Year-to-date (YTD), MOGO shares are showing a performance of 54.92% which decreased to -71.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.40 but also hit the highest price of $3.14 during that period. The average intraday trading volume for Mogo Inc. shares is 207.81K. The stock is currently trading 51.32% above its 20-day simple moving average (SMA20), while that difference is up 35.91% for SMA50 and it goes to -26.93% lower than SMA200.
Mogo Inc. (NASDAQ: MOGO) currently have 75.95M outstanding shares and institutions hold larger chunk of about 14.95% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.
The stock has a current market capitalization of $81.33M and its 3Y-monthly beta is at 2.86. It has posted earnings per share of -$1.59 in the same period. It has a debt-to-equity ratio of 0.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MOGO, volatility over the week remained 9.02% while standing at 8.86% over the month.
Analysts are in expectations that Mogo Inc. (MOGO) stock would likely to be making an EPS of -$0.1 in the current quarter, while forecast for next quarter EPS is -$0.09 and it is -$0.27 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.1 which is -$0.09 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.11 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -13.20% while it is estimated to increase by 25.00% in next year.
Analysts at 4 brokerage firms have issued recommendations for the Mogo Inc. (MOGO)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.50. Out of those 4 Wall Street analysts, 3 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BTIG Research on January 26, 2022 offering a Buy rating for the stock and assigned a target price range of between $13 and $9 to it. Coverage by BTIG Research stated Mogo Inc. (MOGO) stock as a Buy in their note to investors on June 15, 2021, suggesting a price target of $13 for the stock. Stock get a Market perform rating from BMO Capital Markets on August 16, 2019.