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 $1.10, down 1.79% from the previous day, and has decreased 23.61% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.18 percentage points. Mogo stock is currently +48.65% from its 52-week low of $0.74, and -71.28% from its 52-week high of $3.83.
There are currently 23.78M shares of MOGO outstanding. The market cap of MOGO is $26.15M. In the past 24 hours, 156,000 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.
Our recommended brokerage: eToro
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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/E ratio of 4.98x, relative to Software - Infrastructure industry P/E ratio of 30.8x
- MOGO may be undervalued based on its P/B ratio of 0.47x, relative to Software - Infrastructure industry P/B ratio of 9.93x
You can do additional valuation research on MOGO's stock here.
How do MOGO Financials look?
Positive Health Checks:
- MOGO profit margin has gone up from -22.1% to 10.9% in the past year.
- Total MOGO debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- MOGO has a relatively high debt to equity ratio of 1.31.
Is Mogo stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who monitor MOGO, the consensus analyst rating on Mogo is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Mogo stock forecast page.
MOGO Technicals
MOGO Revenue
Last year, MOGO earnings were $5.37M. In the last two year, MOGO's earnings have gone up by -5.51% per year. This was slower than the Software - Infrastructure industry average of 21.44%.
Last year, MOGO revenue was $49.48M. During the last five year, MOGO's revenue has grown by 6.27% per year. This was slower than the Software - Infrastructure industry average of 17.44%.
Dig into MOGO's earnings and revenue performance here.
Who is buying/selling MOGO?
In the last year, executives and large shareholders at MOGO have not bought or sold any shares.
Learn more about who owns MOGO stock here.
Can I get consistent income from MOGO stock?
No, Mogo doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders 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 fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and eToro will execute your order.
If you require additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Track your MOGO investment
Now that you own some MOGO stock, you'll want to keep up with your stock purchase.
Make a watchlist to get notified of important updates regarding your MOGO stock.
MOGO Feed
How to Buy Stock in Mogo
To reiterate, here are the 6 steps you need to take to buy Mogo stock right now:
- 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 need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in Mogo, hit the button below to create your watchlist.
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