Mogo Stock (NASDAQ:MOGO) Review :
Mogo Inc. is a Financial Technology company founded in 2003 and its Headquarters established in Vancouver, Canada.
The company provides digital solutions to their customers to manage their financial health. They have Mogo Apps which offers access to digital spending accounts with Mogo Visa Platinum Prepaid Card,MogoMortgage, a digital mortgage experience,MogoMoney that provides access to personal loans. The company also provides Mogo Trade, a free stock trading platform with real time price and news.
- Institutional and Insider Ownership : 15.5% of Mogo shares are owned by institutional investors.Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
- Earnings & Net Income :
Mogo’s gross revenue is $45.89 million , earnings per share is $1.26 and Net Income is -$26.50 million.
- Risk & Volatility :
Mogo has a beta of 2.97, meaning that its stock price is 197% more volatile than the S&P 500.
- Profitability :
Mogo’s net margins are -164.10%, return on equity is -20.83% and return on assets is -14.11%.