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

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

Mogo Price Performance

Mogo stock opened at C$1.36 on Friday. The company has a quick ratio of 3.99, a current ratio of 0.49 and a debt-to-equity ratio of 123.15. Mogo has a 52-week low of C$1.25 and a 52-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 company’s 50 day moving average is C$1.64 and its two-hundred day moving average is C$1.71.

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.