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 $1.24, down 3.88% from the previous day, and has decreased 17.06% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.26 percentage points. Mogo stock is currently +67.57% from its 52-week low of $0.74, and -54.58% from its 52-week high of $2.73.
There are currently 24.28M shares of MOGO outstanding. The market value of MOGO is $30.11M. In the past 24 hours, 151,000 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/B ratio of 0.6x, relative to Software - Infrastructure industry P/B ratio of 11.94x
You can do additional valuation research 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's operating cash flow of $2.29M allows it to safely service it's debt of $60.27M.
- MOGO has a relatively high debt to equity ratio of 1.47.
- MOGO earnings of -$8.97M is not sufficient to cover its interest payments.
- MOGO profit margin has gone down from -21.7% to -31.1% in the past year.
Is it a good time to buy Mogo stock, according to Wall Street analysts?
Out of 1 sell side analysts who track MOGO, the consensus analyst rating on MOGO is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Mogo stock forecast page.
MOGO Technical Indicators
MOGO Revenue
Last year, MOGO revenue was $51.17M. During the last five year, MOGO's revenue has increased by 3.86% per year. This was slower than the Software - Infrastructure industry average of 17.21%.
Find out more about MOGO's earnings and revenue performance here.
Who is buying/selling MOGO?
Over the last 12 months, executives and large shareholders at MOGO have not bought or sold any shares.
Dig into 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.
What others are saying about MOGO
One of the biggest reasons eToro is our favorite 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 types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Track your MOGO investment
Now that you own some shares in MOGO, you'll want to keep up with your shares.
Add MOGO to a watchlist to track the latest developments regarding your MOGO stock.
MOGO Feed
How to Buy Stock in Mogo
To reiterate, here are the 6 steps to buy stock in Mogo:
- 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 favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Mogo, add MOGO to your watchlist below.
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