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 $1.86, up 1.09% from the previous day, and has increased 53.72% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.44 percentage points. Mogo stock is currently +151.35% from its 52-week low of $0.74, and -51.44% from its 52-week high of $3.83.
There are currently 23.76M shares of MOGO outstanding. The market value of MOGO is $44.19M. In the past 24 hours, 168,000 MOGO shares were traded.
How to Buy Mogo Stock
Wondering 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 tested 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 found.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- 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 analysis tools can help you evaluate 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 stock at a particular price.
- Track your MOGO investment: Create a watchlist to get the latest news on your investment in Mogo shares.
Step 1: Decide where to buy Mogo stock
You will need a brokerage account to access the NASDAQ market and buy MOGO shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info so you can invest in 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.
- Input your personal details to open your new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on stock market app, you need to deposit funds:
Check out the walkthrough below if you need help depositing money into your new investment account.
Step 4: Research Mogo stock
After you have chosen the best place to buy Mogo stock, it's crucial to research their stock prior to buying, so you truly comprehend the risk and opportunity.
Mogo quick stats
Fundamentals of MOGO
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MOGO's stock page.
Is MOGO stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge MOGO's true value.
Using relative valuations ratios:
- MOGO may be undervalued based on its P/E ratio of 15x, relative to Software - Infrastructure industry P/E ratio of 53x
- MOGO may be undervalued based on its P/B ratio of 0.74x, relative to Software - Infrastructure industry P/B ratio of 11.88x
- MOGO could be undervalued based on its PEG ratio of 0.77x
You can do more valuation analysis on MOGO's stock here.
MOGO Financial Health Overview
Positive Health Checks:
- Total MOGO debt is lower than 5 years ago, relative to shareholder equity.
- MOGO profit margin has gone up from -24.6% to 5.6% in the past year.
Negative Health Checks:
- MOGO has a relatively high debt to equity ratio of 1.24.
- MOGO's operating cash flow of $2.60M allows it to safely service it's debt of $60.61M.
- MOGO earnings of $9.53M is not sufficient to cover its interest payments.
Is it a good time to buy Mogo stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who give forecasts on MOGO, the consensus analyst rating on MOGO is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Mogo stock forecast page.
MOGO Trading Indicators
MOGO Revenue
Last year, MOGO earnings were $2.86M. During the last four year, MOGO's earnings have grown by 26.78% per year. This was faster than the Software - Infrastructure industry average of 20.23%.
Last year, MOGO revenue was $51.09M. In the last five year, MOGO's revenue has increased by 4.97% per year. This was slower than the Software - Infrastructure industry average of 17.04%.
Dig into MOGO's earnings and revenue performance here.
Who is buying/selling MOGO?
In the last 12 months, insiders at MOGO have not bought or sold any shares.
Get more info about who owns MOGO shares here.
Does MOGO stock generate passive income?
No, Mogo doesn't provide an income stream by paying out dividends.
What do other traders have to say about MOGO?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your MOGO trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open Trade button and eToro will place the order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Track your MOGO investment
Now that you own some shares in MOGO, you'll want to keep up with your new investment.
Create a watchlist to keep track of 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 require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Mogo, get started below.
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