Mogo Inc. (NASDAQ:MOGO) has a beta value of 0 and has seen 4,249,798 shares traded in the last trading session. The company, currently valued at $552.34 Million, closed the last trade at $9.29 per share which meant it gained $0.6 on the day or 6.9% during that session. The MOGO stock price is -32.29% off its 52-week high price of $12.29 and 92.14% above the 52-week low of $0.73. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.56 Million shares traded. The 3-month trading volume is 3.62 Million shares.
The consensus among analysts is that Mogo Inc. (MOGO) is an Overweight stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight.
Mogo Inc. (NASDAQ:MOGO) trade information
Wall Street analysts have a consensus price target for the stock at $12.98, which means that the shares’ value could jump 39.72% from current levels. The projected low price target is $11.15 while the price target rests at a high of $16. In that case, then, we find that the current price level is +72.23% off the targeted high while a plunge would see the stock lose 20.02% from current levels.
Mogo Inc. (MOGO) estimates and forecasts
Earnings growth for 2021 is a modest +0%.
Mogo Inc. (NASDAQ:MOGO)’s Major holders
Insiders own 16.49% of the company shares, while shares held by institutions stand at 6.72% with a share float percentage of 8.05%. Investors are also buoyed by the number of investors in a company, with Mogo Inc. having a total of 27 institutions that hold shares in the company. The top two institutional holders are Fortress Investment Group LLC with over 1.35 Million shares worth more than $5.09 Million. As of December 30, 2020, Fortress Investment Group LLC held 2.48% of shares outstanding.
The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 854.05 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $3.22 Million and represent 1.57% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Amplify Transformational Data Sharing ETF and RBB Fund Inc.-SGI Small Cap Growth Fd. As of March 30, 2021, the former fund manager holds about 0.92% shares in the company for having 503339 shares of worth $4.28 Million while later fund manager owns 17.7 Thousand shares of worth $139.3 Thousand as of February 27, 2021, which makes it owner of about 0.03% of company’s outstanding stock.