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Closing Bell: Mogo Inc down on Wednesday (MOGO)

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

In trading today, Mogo Inc shares opened at $1.77 and closed at $1.67. It traded at a low of $1.67 to a high of $1.77.

Share prices dipped -3.47% from the previous day's close of $1.73.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Mogo Inc traded under MOGO on the Toronto Stock Exchange (TSX).

Trading volume was 10,812 on 53 total trades, while having an average volume of 17,311 in the last five days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, MOGO.TO has traded as high as $3.60 (August 10,2023) and low as $1.35 (October 27,2023). Moreover, in the last 12 months, Mogo Inc's shares have shrunken -43.77%, while in 2024, they have shrunken -31.28%.

Following today's trading, Mogo Inc has a market capitalization of $42.41 million on a float of 24,517 shares outstanding. Its annual EPS is $-0.60.

Mogo Inc is a TSX Software company headquartered in Vancouver, CAN.

Currently, Mogo Inc's consensus rating is "Strong Buy" based on 3 analysts according to Zacks. Currently, there are 3 buy ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..