The trading price of Mogo Inc (NASDAQ:MOGO) closed lower on Monday, July 07, and closing at $1.99, -9.55% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.96 and $2.18. In examining the 52-week price action we see that the stock hit a 52-week high of $3.83 and a 52-week low of $0.74. Over the past month, the stock has gained 47.41% in value.
Mogo Inc, whose market valuation is $48.70 million at the time of this writing, is expected to release its quarterly earnings report on 2025-May-08. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest MOGO has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned MOGO a recommendation rating is 1. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Mogo Inc (MOGO) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that MOGO’s price is currently 42.55% off the SMA20 and 53.52% off the SMA50. The RSI metric on the 14-day chart is currently showing 63.49, and weekly volatility stands at 24.44%. When measured over the past 30 days, the indicator reaches 9.97%. Mogo Inc (NASDAQ:MOGO)’s beta value is currently sitting at 3.27.
To see how Mogo Inc stock has been performing in comparison to its peers in the industry, here are the numbers: MOGO stock’s performance was -9.55% in the latest trading, and 46.32% in the past year.
An evaluation of the daily trading volume of Mogo Inc (NASDAQ:MOGO) indicates that the 3-month average is 6.91 million. However, this figure has increased over the past 10 days to an average of 28.36.
Currently, records show that 24.28 million of the company’s shares remain outstanding. The insiders hold 16.21% of outstanding shares, whereas institutions hold 10.78%. The stats also highlight that short interest as of 2025-06-13, stood at 0.26 million shares, resulting in a short ratio of 0.04 at that time. From this, we can conclude that short interest is 116.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were down slightly from the previous month’s figure, which was 1.05 million. However, since the stock’s price has seen 32.67% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
