Mogo (NASDAQ:MOGO) Posts Earnings Results, Beats Expectations By $0.02 EPS

Mogo (NASDAQ:MOGO) released its earnings results on Wednesday. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.02, Zacks reports. Mogo had a negative net margin of 22.05% and a negative return on equity of 15.34%.

Mogo Trading Down 4.0 %

Shares of NASDAQ:MOGO traded down $0.04 on Thursday, reaching $1.03. 37,996 shares of the company traded hands, compared to its average volume of 67,659. Mogo has a 52 week low of $0.88 and a 52 week high of $2.15. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.50. The business’s 50-day simple moving average is $1.15 and its 200 day simple moving average is $1.22. The stock has a market capitalization of $25.08 million, a P/E ratio of -2.18 and a beta of 3.05.

Mogo Company Profile

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.