(MOGO) Mogo - Ratings and Ratios

Mogo Inc. is a financial technology disruptor operating globally, with a presence in Canada, Europe, and beyond. By leveraging digital solutions, the company empowers its members to achieve financial freedom and wealth creation. The companys diversified product suite includes MogoTrade, a mobile stock trading platform, Moka, and MogoMoney, which offers online personal loans, thereby catering to a broad spectrum of financial needs.

The companys business model is multifaceted, encompassing digital lending, mortgage services, and a cutting-edge payments platform that enables next-generation card programs for businesses across Europe and Canada. With its headquarters in Vancouver, Canada, Mogo Inc. is strategically positioned to capitalize on the growing demand for fintech solutions. The companys commitment to innovation is reflected in its expanding suite of services, which are designed to meet the evolving needs of its members.

Analyzing the and of MOGO, we observe a stock that has demonstrated resilience, with a current price of $1.30. The stocks moving averages indicate a potential bullish trend, with SMA20 and SMA50 at $1.12 and $0.98, respectively. Furthermore, the Average True Range (ATR) of 0.18 (13.85%) suggests moderate volatility. Considering the , MOGOs market capitalization stands at $32.29M USD, and the Return on Equity (RoE) is 0.41. Given these indicators, a forecast for MOGO could involve a potential price appreciation, driven by the companys diversified fintech offerings and expanding market presence.

Based on the , a potential trading opportunity may arise if the stock price continues to trend upwards, potentially targeting the 52W High of $1.81. Conversely, a decline below the SMA200 at $1.17 could signal a reversal. Considering the , the absence of a P/E ratio and forward P/E suggests that the company is likely in a growth phase, reinvesting earnings. As such, a forecast for MOGO could involve a continued expansion of its fintech services, potentially driving long-term growth and a corresponding increase in stock price.