Tidal Investments LLC Sells 84,150 Shares of Mogo Inc. (NASDAQ:MOGO)

Tidal Investments LLC trimmed its holdings in shares of Mogo Inc. (NASDAQ:MOGO) by 6.4% during the third quarter, HoldingsChannel reports. The firm owned 1,235,787 shares of the company’s stock after selling 84,150 shares during the quarter. Tidal Investments LLC owned 0.05% of Mogo worth $1,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a “buy” rating and set a $6.00 target price on shares of Mogo in a research note on Thursday, November 7th.

Mogo Trading Up 3.6 %

Shares of MOGO opened at $1.44 on Wednesday. The business has a 50-day moving average of $1.26 and a 200 day moving average of $1.32. Mogo Inc. has a fifty-two week low of $0.94 and a fifty-two week high of $2.25. The firm has a market cap of $35.24 million, a P/E ratio of -3.06 and a beta of 2.95. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.44 and a current ratio of 1.44.

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.