Mogo (TSE:MOGO) Price Target Lowered to C$3.00 at Raymond James

Mogo (TSE:MOGO) had its target price lowered by Raymond James from C$4.00 to C$3.00 in a research note issued to investors on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Mogo Stock Performance

TSE:MOGO opened at C$1.36 on Friday. The company has a market capitalization of C$32.71 million, a P/E ratio of -2.10 and a beta of 3.31. The business has a fifty day simple moving average of C$1.64 and a two-hundred day simple moving average of C$1.71. The company has a debt-to-equity ratio of 123.15, a current ratio of 0.49 and a quick ratio of 3.99. Mogo has a 1 year low of C$1.25 and a 1 year high of C$2.78.

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.