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

Mogo (TSE:MOGO) had its price objective reduced by Raymond James from C$4.00 to C$3.00 in a report published on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Mogo Stock Performance

TSE:MOGO opened at C$1.36 on Friday. The company has a debt-to-equity ratio of 123.15, a quick ratio of 3.99 and a current ratio of 0.49. Mogo has a fifty-two week low of C$1.25 and a fifty-two week high of C$2.78. The firm has a market cap of C$32.71 million, a PE ratio of -2.10 and a beta of 3.31. The business has a 50 day moving average price of C$1.64 and a 200-day moving average price of C$1.71.

About Mogo

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.