Perhaps timely catching Mogo Inc (MOGO) would be a good idea

With 67770.0 shares changed hands, the volume of the stock remained lighter than its average volume of 94230.0 shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $1.325 whereas the lowest price it dropped to was $1.28. The 52-week range on MOGO shows that it touched its highest point at $2.25 and its lowest point at $0.94 during that stretch. It currently has a 1-year price target of $4.39. Beta for the stock currently stands at 2.97.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MOGO was down-trending over the past week, with a drop of -7.99%, but this was down by -7.34% over a month. Three-month performance surged to 10.42% while six-month performance fell -12.25%. The stock lost -35.68% in the past year, while it has lost -27.99% so far this year. A look at the trailing 12-month EPS for MOGO yields -0.47 with Next year EPS estimates of -0.16. For the next quarter, that number is -0.05. This implies an EPS growth rate of -92.16% for this year and 67.77% for next year.

Float and Shares Shorts:

At present, 24.28 million MOGO shares are outstanding with a float of 20.66 million shares on hand for trading. On 2024-11-29, short shares totaled 31588.0, which was 13.0 higher than short shares on 1730332800. In addition to Mr. David Marshall Feller as the firm’s Founder, CEO & Chairman, Mr. Gregory Dean Feller serves as its President, CFO & Director.

Institutional Ownership:

Through their ownership of 0.09369001 of MOGO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MOGO reported revenue of $17685000.0 and operating income of -$398000.0. The EBITDA in the recently reported quarter was $748000.0 and diluted EPS was -$0.33.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MOGO since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MOGO analysts setting a high price target of 5.8171434 and a low target of 5.8171434, the average target price over the next 12 months is 5.8171434. Based on these targets, MOGO could surge 340.69% to reach the target high and rise by 340.69% to reach the target low. Reaching the average price target will result in a growth of 340.69% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.58952 being high and -$0.71584 being low. For MOGO, this leads to a yearly average estimate of -$0.65268. Based on analyst estimates, the high estimate for the next quarter is -$0.01 and the low estimate is -$0.01. The average estimate for the next quarter is thus -$0.01.