Mogo Inc. (NASDAQ:MOGO) has a beta value of 2.86 and has seen 1.17 million shares traded in the last trading session. The company, currently valued at $467.92M, closed the last trade at $5.31 per share which meant it lost -$0.11 on the day or -2.03% during that session. The MOGO stock price is -131.45% off its 52-week high price of $12.29 and 78.15% above the 52-week low of $1.16. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.85 million shares traded. The 3-month trading volume is 1.37 million shares.
Mogo Inc. (NASDAQ:MOGO) trade information
Sporting -2.03% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the MOGO stock price touched $5.31 or saw a rise of 7.49%. Year-to-date, Mogo Inc. shares have moved 40.85%, while the 5-day performance has seen it change -1.12%. Over the past 30 days, the shares of Mogo Inc. (NASDAQ:MOGO) have changed -5.68%. Short interest in the company has seen 1.75 million shares shorted with days to cover at 0.89.
Wall Street analysts have a consensus price target for the stock at $12.28, which means that the shares’ value could jump 56.76% from current levels. The projected low price target is $8.80 while the price target rests at a high of $16.00. In that case, then, we find that the current price level is -201.32% off the targeted high while a plunge would see the stock gain -65.73% from current levels.
Mogo Inc. (MOGO) estimates and forecasts
Figures show that Mogo Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -25.94% over the past 6 months, with this year growth rate of -84.62%, compared to 9.50% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -29.00% over the past 5 years.
Mogo Inc. is expected to release its next earnings report between August 09 and August 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Mogo Inc. (NASDAQ:MOGO)’s Major holders
Insiders own 14.36% of the company shares, while shares held by institutions stand at 17.61% with a share float percentage of 20.56%. Investors are also buoyed by the number of investors in a company, with Mogo Inc. having a total of 60 institutions that hold shares in the company. The top two institutional holders are Toroso Investments, LLC with over 3.67 million shares worth more than $28.82 million. As of Jun 29, 2021, Toroso Investments, LLC held 5.22% of shares outstanding.
The other major institutional holder is Point72 Asset Management, L.P., with the holding of over 1.81 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $14.21 million and represent 2.57% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Amplify Transformational Data Sharing ETF and Siren NASDAQ NexGen Economy ETF. As of Jun 29, 2021, the former fund manager holds about 5.06% shares in the company for having 3.56 million shares of worth $27.96 million while later fund manager owns 0.56 million shares of worth $4.4 million as of Jun 29, 2021, which makes it owner of about 0.80% of company’s outstanding stock.