How Is Mogo Inc. (MOGO)’s Price-To-Earnings Ratio?

As of Thursday close, Mogo Inc.’s (NASDAQ:MOGO) stock was down -$0.32, moving down -23.53 percent to $1.04. The average number of shares traded per day over the past five days has been 745,580 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.8200 fall in that time frame. In the last twenty days, the average volume was 416,260, while in the previous 50 days, it was 466,490.


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Since last month, MOGO stock retreated -56.49%. Shares of the company fell to $0.8500 on 05/12/22, the lowest level in the past month. A 52-week high of $8.48 was reached on 01/04/22 after having rallying from a 52-week low of $1.36. Since the beginning of this year, MOGO’s stock price has dropped by -69.59% or -$2.3800, and marked a new high 2 times. However, the stock has declined by -87.74% since its 52-week high.

Valuation Metrics

The stock’s beta is 3.14. Besides these, the trailing price-to-sales (P/S) ratio of 1.86, the price-to-book (PB) ratio of 0.28.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.33, and the total debt-to-equity ratio was 0.33. On the profitability front, the trailing twelve-month gross margin is 93.20% percent. In the year ended September 29, operating margins totaled -65.00%. Based on annual data, MOGO earned $36.73 million in gross profit and brought in $45.89 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -10.40%. Return on equity (ROE) for the past 12 months was -13.90%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Mogo Inc. to report -$0.11 quarterly earnings, the actual figure was -$0.11 per share. During the quarter, the company generated -$5.92 million in EBITDA. The liabilities of Mogo Inc. were 99.01 million at the end of its most recent quarter ended September 29, and its total debt was $93.01 million.

Technical Picture

This quick technical analysis looks at Mogo Inc.’s (MOGO) price momentum. With a historical volatility rate of 137.96%, the RSI 9-day stood at 13.47% on 12 May.

With respect to its five-day moving average, the current Mogo Inc. price is down by -44.09% percent or -$0.8200. At present, MOGO shares trade -57.55% below its 20-day simple moving average and -67.60% percent below its 100-day simple moving average. However, the stock is currently trading approximately -54.19% below its SMA50 and -81.98% below its SMA200.

Stochastic coefficient K was 6.16% and Stochastic coefficient D was 4.86%, while ATR was 0.2086. Given the Stochastic reading of 15.08% for the 14-day period, the RSI (14) reading has been calculated as 20.32%. As of today, the MACD Oscillator reading stands at -0.4022, while the 14-day reading stands at -0.4710.

Analyst Ratings

BTIG Research reiterated its a Buy rating on Mogo Inc. (NASDAQ: MOGO) in a note to investors. The analysts firm has however raised their price target to $9, representing a possible 92.0% increase in the stock price. Mogo Inc. (MOGO) has been rated Buy by analysts. According to 0 brokerage firms, MOGO is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Mogo Inc. stock as buy, with 4 recommending it as overweight.

With a median target price of $6.91, the current consensus forecast for the stock is $5.57 – $8.16. Based on these forecasts, analysts predict Mogo Inc. (MOGO) will achieve an average price target of $7.00.

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