Mogo (TSE:MOGO) Shares Up 5% – Time to Buy?

Mogo Inc. (TSE:MOGO) traded up 5% on Tuesday . The company traded as high as C$1.48 and last traded at C$1.46. 34,936 shares were traded during trading, a decline of 51% from the average session volume of 71,115 shares. The stock had previously closed at C$1.39.

Mogo Stock Performance

The company has a debt-to-equity ratio of 109.06, a quick ratio of 3.99 and a current ratio of 1.56. The company has a market cap of C$34.69 million, a price-to-earnings ratio of 4.71 and a beta of 3.34. The company has a fifty day moving average of C$1.46 and a two-hundred day moving average of C$1.95.

About Mogo

Mogo, one of Canada’s leading digital finance companies, is empowering its members with simple digital solutions to help them build wealth and achieve financial freedom. Mogo’s trade app, MogoTrade, offers commission-free stock trading that helps users make a positive impact with every investment and together with Moka, Mogo’s wholly-owned subsidiary bringing automated, fully-managed flat-fee investing to Canadians, forms the heart of Mogo’s digital wealth platform. Mogo also offers digital loans and mortgages.