How to Buy Mogo Stock
Mogo Inc
Mogo Inc. operates as a financial technology company in Canada and internationally. The company provides digital solutions to the consumers to get in control of their financial health.
Mogo stock last closed at $1.85, up 0.54% from the previous day, and has decreased 10.63% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.3 percentage points. Mogo stock is currently +94.74% from its 52-week low of $0.95, and -37.39% from its 52-week high of $2.96.
There are currently 24.52M shares of MOGO outstanding. The market cap of MOGO is $45.35M. In the past 24 hours, 10,887 MOGO shares were traded.
How to Buy Mogo Stock
Not sure how to invest in Mogo stock? Here's how.
- Decide where to buy Mogo stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Mogo stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your details.
- Research Mogo stock: The Mogo ticker symbol is MOGO. Is Mogo stock a good investment? Should you buy shares of MOGO? How do MOGO's underlying business fundamentals look? Do top analysts think Mogo is a good buy? Why has MOGO's stock price moved recently? (Hint: Our stock market research website can help you understand if MOGO is a good stock to buy).
- Execute your MOGO trade: Decide if you will purchase MOGO shares at the current market price or use a limit order to buy MOGO shares at a specific price.
- Track your MOGO investment: Create a watchlist to important notifications about your investment in Mogo shares.
Step 1: Decide where to buy Mogo stock
You will need an online brokerage account to access the NASDAQ market and buy MOGO stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you are able to buy MOGO stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on our top ranked stock trading app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of depositing money into your brokerage account.
Step 4: Research Mogo stock
After you have selected the best place to buy Mogo stock, it's crucial to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the upside.
Mogo quick stats
Fundamentals of MOGO
WallStreetZen was built to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on MOGO's stock page.
What is the fair value of MOGO stock?
Investors use many financial metrics, analyses, models, and charts to gauge MOGO's fair value.
Using relative valuations measures:
- MOGO could be undervalued based on its P/B ratio of 0.67x, relative to Software - Infrastructure industry P/B ratio of 11.13x
You can do more valuation analysis on MOGO's stock here.
How do MOGO Financials look?
Positive Health Checks:
- Total MOGO debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- MOGO profit margin has gone up by 2.13 percentage points in the past year, but the company is still unprofitable.
- MOGO has a relatively high debt to equity ratio of 1.22.
Is MOGO stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Equities analysts who give ratings on MOGO, the consensus analyst rating on MOGO is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Mogo stock forecast page.
MOGO Momentum
Is MOGO Growing Revenue?
Last year, MOGO revenue was $47.26M. Over the past five year, MOGO's revenue has increased by 3.2% per year. This was slower than the Software - Infrastructure industry average of 17.39%.
Find out more about MOGO's earnings and revenue performance here.
Latest Insiders Trades at MOGO
In the past year, executives and large shareholders at MOGO have not bought or sold any shares.
Dig into more about who owns MOGO shares here.
Does MOGO provide a stable income stream?
No, Mogo doesn't provide an income stream by paying out dividends.
MOGO Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your MOGO trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you need additional info about buying stocks on eToro, click the how to video below:
Step 6: Track your MOGO investment
Now that you own some MOGO stock, you'll want to keep up with your investment.
Put MOGO on a watchlist to get notified of important updates regarding your MOGO stock.
MOGO Feed
How to Buy Stock in Mogo
To summarize, here are the 6 steps to buy Mogo stock:
- Decide where to buy Mogo stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Mogo stock
- Execute your MOGO trade
- Track your MOGO investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Mogo, add MOGO to your watchlist below.
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