Mogo Finance Technology (NASDAQ:MOGO) Issues Earnings Results

Mogo Finance Technology (NASDAQ:MOGO) issued its quarterly earnings data on Thursday. The company reported ($0.17) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.01, reports. The firm had revenue of $12.56 million during the quarter, compared to the consensus estimate of $12.20 million.

MOGO traded down $0.06 during midday trading on Friday, reaching $2.75. The company had a trading volume of 6,400 shares, compared to its average volume of 14,896. The business has a 50-day moving average price of $3.18 and a two-hundred day moving average price of $3.20. The stock has a market cap of $79.65 million, a PE ratio of -3.99 and a beta of 1.73. Mogo Finance Technology has a 12-month low of $1.98 and a 12-month high of $4.05. The company has a debt-to-equity ratio of 3.92, a quick ratio of 1.18 and a current ratio of 1.18.

MOGO has been the subject of a number of recent analyst reports. BMO Capital Markets downgraded shares of Mogo Finance Technology from an “outperform” rating to a “market perform” rating in a research report on Friday, August 16th. Mackie set a $10.00 target price on shares of Mogo Finance Technology and gave the company a “buy” rating in a research note on Wednesday, September 4th. Finally, ValuEngine upgraded shares of Mogo Finance Technology from a “hold” rating to a “buy” rating in a research note on Friday.

About Mogo Finance Technology

Mogo Finance Technology Inc operates as a financial technology company in Canada. The company offers solutions that help consumers to manage and control their finances. It offers free credit score monitoring; MogoProtect, an identity fraud protection solution; MogoCard, a Mogo Visa Platinum Prepaid Card; MogoMortgage, a digital mortgage solution; MogoCrypto account; and MogoMoney that enables the buying and selling of bitcoin, as well as access to consumer credit products.

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Earnings History for Mogo Finance Technology (NASDAQ:MOGO)

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