Mogo Inc [NASDAQ: MOGO] price surged by 112.40 percent to reach at $1.36.
The one-year MOGO stock forecast points to a potential upside of 16.56. The average equity rating for MOGO stock is currently 1.50, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Mogo Inc [MOGO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MOGO shares is $3.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MOGO stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Mogo Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 26, 2022. While these analysts kept the previous recommendation, BTIG Research raised their target price to Buy. The new note on the price target was released on June 15, 2021, representing the official price target for Mogo Inc stock. Previously, the target price had yet another raise from $85 to $100, while Canaccord Genuity kept a Speculative Buy rating on MOGO stock.
The Price to Book ratio for the last quarter was 1.30, with the Price to Cash per share for the same quarter was set at 0.28. Price to Free Cash Flow for MOGO in the course of the last twelve months was 5.03 with Quick ratio for the last quarter at 0.56.
MOGO Stock Performance Analysis:
Mogo Inc [MOGO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 103.97. With this latest performance, MOGO shares gained by 86.23% in over the last four-week period, additionally plugging by 97.69% over the last 6 months – not to mention a rise of 88.97% in the past year of trading.
Insight into Mogo Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Mogo Inc [MOGO] shares currently have an operating margin of -15.09% and a Gross Margin at 81.14%. Mogo Inc’s Net Margin is presently recorded at -31.05%.
Return on Equity for this stock declined to -11.68%, with Return on Assets sitting at -11.68%.
