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Mogo Inc
Buy, Hold or Sell?

Let's analyse Mogo together

PenkeI guess you are interested in Mogo Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Mogo Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Mogo (30 sec.)










What can you expect buying and holding a share of Mogo? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
2.5%

What is your share worth?

Current worth
$2.53
Expected worth in 1 year
$-0.36
How sure are you?
25.0%

+ What do you gain per year?

Total Gains per Share
$-2.89
Return On Investment
-144.4%

For what price can you sell your share?

Current Price per Share
$2.00
Expected price per share
$1.74 - $2.8224
How sure are you?
50%

1. Valuation of Mogo (5 min.)




Live pricePrice per Share (EOD)

$2.00

Intrinsic Value Per Share

$-18.79 - $-22.29

Total Value Per Share

$-16.26 - $-19.76

2. Growth of Mogo (5 min.)




Is Mogo growing?

Current yearPrevious yearGrowGrow %
How rich?$62.8m$168.5m-$95.8m-131.9%

How much money is Mogo making?

Current yearPrevious yearGrowGrow %
Making money-$18.6m-$22.1m$3.5m18.8%
Net Profit Margin-150.4%-174.9%--

How much money comes from the company's main activities?

3. Financial Health of Mogo (5 min.)




What can you expect buying and holding a share of Mogo? (5 min.)

Welcome investor! Mogo's management wants to use your money to grow the business. In return you get a share of Mogo.

What can you expect buying and holding a share of Mogo?

First you should know what it really means to hold a share of Mogo. And how you can make/lose money.

Speculation

The Price per Share of Mogo is $2. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Mogo.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Mogo, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $2.53. Based on the TTM, the Book Value Change Per Share is $-0.72 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.67 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Mogo.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.28-14.1%-0.29-14.5%-0.88-43.8%-0.28-13.9%-0.22-11.0%
Usd Book Value Change Per Share-0.25-12.7%-0.72-36.1%-0.67-33.3%0.136.7%0.063.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.25-12.7%-0.72-36.1%-0.67-33.3%0.136.7%0.063.2%
Usd Price Per Share1.57-0.86-2.03-2.71-2.01-
Price to Earnings Ratio-1.39--0.75--0.71--2.57--2.20-
Price-to-Total Gains Ratio-6.17--3.24-275.11-78.82-46.63-
Price to Book Ratio0.62-0.31-0.28-4.44-4.42-
Price-to-Total Gains Ratio-6.17--3.24-275.11-78.82-46.63-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2
Number of shares500
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.720.13
Usd Total Gains Per Share-0.720.13
Gains per Quarter (500 shares)-361.0867.01
Gains per Year (500 shares)-1,444.31268.02
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1444-14540268258
20-2889-28980536526
30-4333-43420804794
40-5778-5786010721062
50-7222-7230013401330
60-8666-8674016081598
71-10111-10118018761866
81-11555-11562021442134
91-12999-13006024122402
101-14444-14450026802670

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%1.011.00.08.3%3.017.00.015.0%5.034.01.012.5%5.034.01.012.5%
Book Value Change Per Share0.04.00.00.0%4.08.00.033.3%7.012.01.035.0%10.029.01.025.0%10.029.01.025.0%
Dividend per Share1.00.03.025.0%1.00.011.08.3%1.00.019.05.0%1.00.039.02.5%1.00.039.02.5%
Total Gains per Share0.04.00.00.0%4.08.00.033.3%7.012.01.035.0%10.029.01.025.0%10.029.01.025.0%

Fundamentals of Mogo

About Mogo Inc

Mogo Inc. operates as a digital finance company. The company empowers its members with simple digital solutions to help them in building wealth and achieve financial freedom. Its trade app, MogoTrade, offers commission-free stock trading that helps users make a positive impact with every investment and together with Moka, a subsidiary that brings automated fully-managed flat-fee investing to Canadians. It also offers digital loans and mortgages. In addition, the company, through its subsidiary, Carta Worldwide, offers a digital payments platform that powers the next-generation card programs from various fintech companies in Europe and Canada. Mogo Inc. is based in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-03-21 00:14:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Mogo Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Mogo earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Mogo to the Software - Infrastructure industry mean.
  • A Net Profit Margin of -58.7% means that $-0.59 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mogo Inc:

  • The MRQ is -58.7%. The company is making a huge loss. -2
  • The TTM is -150.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-58.7%TTM-150.4%+91.7%
TTM-150.4%YOY-174.9%+24.5%
TTM-150.4%5Y-74.5%-75.9%
5Y-74.5%10Y-55.3%-19.2%
1.1.2. Return on Assets

Shows how efficient Mogo is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Mogo to the Software - Infrastructure industry mean.
  • -4.8% Return on Assets means that Mogo generated $-0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mogo Inc:

  • The MRQ is -4.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -11.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.8%TTM-11.7%+6.9%
TTM-11.7%YOY-8.8%-2.9%
TTM-11.7%5Y-5.1%-6.6%
5Y-5.1%10Y-4.5%-0.6%
1.1.3. Return on Equity

Shows how efficient Mogo is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Mogo to the Software - Infrastructure industry mean.
  • -11.1% Return on Equity means Mogo generated $-0.11 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mogo Inc:

  • The MRQ is -11.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -24.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-11.1%TTM-24.0%+12.8%
TTM-24.0%YOY-13.6%-10.4%
TTM-24.0%5Y-11.4%-12.6%
5Y-11.4%10Y-31.7%+20.4%

1.2. Operating Efficiency of Mogo Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mogo is operating .

  • Measures how much profit Mogo makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Mogo to the Software - Infrastructure industry mean.
  • An Operating Margin of -9.6% means the company generated $-0.10  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Mogo Inc:

  • The MRQ is -9.6%. The company is operating very inefficient. -2
  • The TTM is -13.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-9.6%TTM-13.2%+3.7%
TTM-13.2%YOY-51.8%+38.5%
TTM-13.2%5Y-22.7%+9.5%
5Y-22.7%10Y-16.2%-6.5%
1.2.2. Operating Ratio

Measures how efficient Mogo is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 1.05 means that the operating costs are $1.05 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Mogo Inc:

  • The MRQ is 1.052. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.112. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.052TTM1.112-0.060
TTM1.112YOY1.592-0.480
TTM1.1125Y1.225-0.113
5Y1.22510Y1.137+0.089

1.3. Liquidity of Mogo Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Mogo is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 1.33 means the company has $1.33 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Mogo Inc:

  • The MRQ is 1.325. The company is just able to pay all its short-term debts.
  • The TTM is 1.409. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.325TTM1.409-0.084
TTM1.409YOY1.781-0.372
TTM1.4095Y1.546-0.137
5Y1.54610Y2.459-0.912
1.3.2. Quick Ratio

Measures if Mogo is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Mogo to the Software - Infrastructure industry mean.
  • A Quick Ratio of 1.30 means the company can pay off $1.30 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mogo Inc:

  • The MRQ is 1.303. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.381. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.303TTM1.381-0.078
TTM1.381YOY1.608-0.227
TTM1.3815Y1.456-0.075
5Y1.45610Y2.400-0.944

1.4. Solvency of Mogo Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Mogo assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Mogo to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.57 means that Mogo assets are financed with 56.6% credit (debt) and the remaining percentage (100% - 56.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Mogo Inc:

  • The MRQ is 0.566. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.527. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.566TTM0.527+0.039
TTM0.527YOY0.347+0.180
TTM0.5275Y0.677-0.150
5Y0.67710Y0.805-0.128
1.4.2. Debt to Equity Ratio

Measures if Mogo is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Mogo to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 130.2% means that company has $1.30 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mogo Inc:

  • The MRQ is 1.302. The company is able to pay all its debts with equity. +1
  • The TTM is 1.119. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.302TTM1.119+0.183
TTM1.119YOY0.534+0.585
TTM1.1195Y2.848-1.730
5Y2.84810Y7.005-4.156

2. Market Valuation of Mogo Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Mogo generates.

  • Above 15 is considered overpriced but always compare Mogo to the Software - Infrastructure industry mean.
  • A PE ratio of -1.39 means the investor is paying $-1.39 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Mogo Inc:

  • The EOD is -1.771. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.390. Based on the earnings, the company is expensive. -2
  • The TTM is -0.745. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.771MRQ-1.390-0.381
MRQ-1.390TTM-0.745-0.645
TTM-0.745YOY-0.710-0.035
TTM-0.7455Y-2.570+1.825
5Y-2.57010Y-2.202-0.368
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Mogo Inc:

  • The EOD is -3.504. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.751. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.455. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.504MRQ-2.751-0.753
MRQ-2.751TTM-2.455-0.296
TTM-2.455YOY-1.562-0.893
TTM-2.4555Y-37.967+35.512
5Y-37.96710Y-19.851-18.116
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Mogo is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 0.62 means the investor is paying $0.62 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Mogo Inc:

  • The EOD is 0.789. Based on the equity, the company is cheap. +2
  • The MRQ is 0.620. Based on the equity, the company is cheap. +2
  • The TTM is 0.311. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.789MRQ0.620+0.170
MRQ0.620TTM0.311+0.309
TTM0.311YOY0.284+0.027
TTM0.3115Y4.443-4.133
5Y4.44310Y4.419+0.024
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Mogo Inc.

3.1. Institutions holding Mogo Inc

Institutions are holding 15.806% of the shares of Mogo Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Toroso Investments LLC9.71950.1021238565995149066.3443
2023-12-31Mariner Wealth Advisors, LLC2.45080.002660154910885222.0931
2023-12-31Fortress Investment Group LLC0.78420.042219248400
2023-12-31Garnet Capital Holdings, Inc.0.6430.0904157824-106666-40.3289
2023-12-31Schmeidler A R & CO Inc0.55270.02771356521356520
2023-12-31Bank of Montreal0.1513037131-54875-59.6428
2023-12-31BMO Capital Markets Corp.0.1513037131-54875-59.6428
2023-12-31Goldman Sachs Group Inc0.1203029532-4201-12.4537
2023-12-31First Manhattan Co. LLC0.10760.00022640000
2023-12-31FMR Inc0.0919022568225680
2023-12-31Group One Trading, LP0.07320.000117960-2241-11.0935
2023-12-31Royal Bank of Canada0.0649015940-2824-15.0501
2023-09-30Citadel Advisors Llc0.0617015143151430
2023-12-31Millennium Management LLC0.05630138192391.7599
2023-12-31Morgan Stanley - Brokerage Accounts0.035308675-4339-33.341
2023-12-31Advisor Group Holdings, Inc.0.015603831-333-7.9971
2023-12-31SIMPLEX TRADING, LLC0.010102485-265-9.6364
2023-12-31UBS Group AG0.00370917751452.4096
2023-12-31Bank of America Corp0.0020500-157-23.8965
2023-12-31Steward Partners Investment Advisory, LLC0.0008020000
Total 15.09620.26533705400+1003919+27.1%

3.2. Funds holding Mogo Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Amplify Transformational Data Shrg ETF6.00340.3731473540-131240-8.1781
2023-07-03FT Skybridge Digital Innovation 5 CA1.04851.8015257355-20627-7.4203
2024-01-31SAMSUNG Blockchain Technologies ETF0.20830.49915112521954.486
2024-02-29Purpose Select Equity Series F0.17320.325542500425000
2023-09-11FT FTP Skybridge Digital Innovation 6 CA0.11990.46829431-16543-35.9834
2023-09-11FT Skybridge Digital Innovation 6 CA0.11990.467829419-16541-35.99
2023-12-31Fidelity Canadian Growth Company Sr B0.05920.00041453000
2024-01-31Fidelity Nasdaq Composite Index0.03060.0001750900
2023-12-31Fidelity Special Situations Series F0.02930.0006719900
2024-02-29Purpose Multi-Asset Income Series F0.0120.0079294600
2024-01-31IA Clarington Canadian Small Cap A0.00720.0004175600
2023-12-31Fidelity Global Innovators Cl F0.00240580-3-0.5146
2023-12-31Fidelity CanAm Opps F50.00210.0002518-7-1.3333
2023-11-30Fidelity Balanced Private Pool Cl B0.0019045751.1062
2023-11-30Fidelity Bal Income Private Pool Cl B0.0009022020.9174
2023-12-31Fidelity Glb Innovtr Ccy Netrl Cl F0.0003070-2-2.7778
2023-12-31Fidelity Balanced Private Pool Trust F0.000205012.0408
2023-12-31Fidelity CanAm Opps Ccy Neutral F0.00020.00023800
2023-11-30Fidelity Balanced Ccy Netrl Priv Pool F50.000103600
2023-11-30Fidelity Bal Inc Ccy Netrl Priv Pool F0.000102000
Total 7.81973.94471919299-140260-7.3%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Mogo Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.254-0.722+184%-0.667+162%0.134-290%0.063-501%
Book Value Per Share--2.5332.904-13%6.686-62%2.955-14%1.834+38%
Current Ratio--1.3251.409-6%1.781-26%1.546-14%2.459-46%
Debt To Asset Ratio--0.5660.527+7%0.347+63%0.677-16%0.805-30%
Debt To Equity Ratio--1.3021.119+16%0.534+144%2.848-54%7.005-81%
Dividend Per Share---0.000-100%-0%0.000-100%0.000-100%
Eps---0.282-0.291+3%-0.877+211%-0.278-2%-0.221-22%
Free Cash Flow Per Share---0.143-0.086-40%-0.313+120%-0.170+19%-0.224+57%
Free Cash Flow To Equity Per Share---0.105-0.124+18%-0.055-48%0.046-330%0.026-498%
Gross Profit Margin--1.1001.067+3%1.141-4%1.204-9%1.268-13%
Intrinsic Value_10Y_max---22.291--------
Intrinsic Value_10Y_min---18.794--------
Intrinsic Value_1Y_max---1.012--------
Intrinsic Value_1Y_min---0.993--------
Intrinsic Value_3Y_max---3.972--------
Intrinsic Value_3Y_min---3.773--------
Intrinsic Value_5Y_max---8.055--------
Intrinsic Value_5Y_min---7.396--------
Market Cap49090200.000+21%38918730.00021445094.124+81%50904212.175-24%66944791.086-42%49600735.302-22%
Net Profit Margin---0.587-1.504+156%-1.749+198%-0.745+27%-0.553-6%
Operating Margin---0.096-0.132+38%-0.518+440%-0.227+137%-0.162+69%
Operating Ratio--1.0521.112-5%1.592-34%1.225-14%1.137-7%
Pb Ratio0.789+22%0.6200.311+99%0.284+118%4.443-86%4.419-86%
Pe Ratio-1.771-27%-1.390-0.745-46%-0.710-49%-2.570+85%-2.202+58%
Price Per Share2.000+22%1.5700.860+83%2.027-23%2.709-42%2.012-22%
Price To Free Cash Flow Ratio-3.504-27%-2.751-2.455-11%-1.562-43%-37.967+1280%-19.851+622%
Price To Total Gains Ratio-7.865-27%-6.174-3.243-47%275.115-102%78.822-108%46.635-113%
Quick Ratio--1.3031.381-6%1.608-19%1.456-10%2.400-46%
Return On Assets---0.048-0.117+142%-0.088+82%-0.051+5%-0.045-8%
Return On Equity---0.111-0.240+115%-0.136+22%-0.114+2%-0.317+185%
Total Gains Per Share---0.254-0.722+184%-0.667+162%0.134-290%0.063-501%
Usd Book Value--62801972.20072688088.225-14%168549746.350-63%73705544.380-15%45594807.547+38%
Usd Book Value Change Per Share---0.254-0.722+184%-0.667+162%0.134-290%0.063-501%
Usd Book Value Per Share--2.5332.904-13%6.686-62%2.955-14%1.834+38%
Usd Dividend Per Share---0.000-100%-0%0.000-100%0.000-100%
Usd Eps---0.282-0.291+3%-0.877+211%-0.278-2%-0.221-22%
Usd Free Cash Flow---3537185.200-2155334.175-39%-7921299.475+124%-4234387.670+20%-5392124.511+52%
Usd Free Cash Flow Per Share---0.143-0.086-40%-0.313+120%-0.170+19%-0.224+57%
Usd Free Cash Flow To Equity Per Share---0.105-0.124+18%-0.055-48%0.046-330%0.026-498%
Usd Market Cap49090200.000+21%38918730.00021445094.124+81%50904212.175-24%66944791.086-42%49600735.302-22%
Usd Price Per Share2.000+22%1.5700.860+83%2.027-23%2.709-42%2.012-22%
Usd Profit---6997795.200-18653608.275+167%-22155451.075+217%-9185821.095+31%-6107025.166-13%
Usd Revenue--11913334.00012003714.825-1%12663807.775-6%11047518.830+8%9752033.104+22%
Usd Total Gains Per Share---0.254-0.722+184%-0.667+162%0.134-290%0.063-501%
 EOD+5 -3MRQTTM+20 -16YOY+18 -165Y+14 -2210Y+14 -22

4.2. Fundamental Score

Let's check the fundamental score of Mogo Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.771
Price to Book Ratio (EOD)Between0-10.789
Net Profit Margin (MRQ)Greater than0-0.587
Operating Margin (MRQ)Greater than0-0.096
Quick Ratio (MRQ)Greater than11.303
Current Ratio (MRQ)Greater than11.325
Debt to Asset Ratio (MRQ)Less than10.566
Debt to Equity Ratio (MRQ)Less than11.302
Return on Equity (MRQ)Greater than0.15-0.111
Return on Assets (MRQ)Greater than0.05-0.048
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Mogo Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.480
Ma 20Greater thanMa 502.002
Ma 50Greater thanMa 1001.794
Ma 100Greater thanMa 2001.696
OpenGreater thanClose1.900
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets196,323
Total Liabilities111,029
Total Stockholder Equity85,294
 As reported
Total Liabilities 111,029
Total Stockholder Equity+ 85,294
Total Assets = 196,323

Assets

Total Assets196,323
Total Current Assets93,339
Long-term Assets102,984
Total Current Assets
Cash And Cash Equivalents 17,715
Net Receivables 74,058
Inventory 20,482
Other Current Assets -18,916
Total Current Assets  (as reported)93,339
Total Current Assets  (calculated)93,339
+/-0
Long-term Assets
Property Plant Equipment 1,086
Goodwill 38,355
Long Term Investments 25,665
Intangible Assets 37,878
Long-term Assets  (as reported)102,984
Long-term Assets  (calculated)102,984
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities70,437
Long-term Liabilities40,592
Total Stockholder Equity85,294
Total Current Liabilities
Short-term Debt 47,007
Short Long Term Debt 47,007
Other Current Liabilities 23,430
Total Current Liabilities  (as reported)70,437
Total Current Liabilities  (calculated)117,444
+/- 47,007
Long-term Liabilities
Long term Debt 36,555
Capital Lease Obligations 2,840
Long-term Liabilities  (as reported)40,592
Long-term Liabilities  (calculated)39,395
+/- 1,197
Total Stockholder Equity
Common Stock390,248
Retained Earnings -340,337
Accumulated Other Comprehensive Income 460
Other Stockholders Equity 34,923
Total Stockholder Equity (as reported)85,294
Total Stockholder Equity (calculated)85,294
+/-0
Other
Capital Stock390,248
Cash and Short Term Investments 17,715
Common Stock Shares Outstanding 24,789
Liabilities and Stockholders Equity 196,323
Net Debt 68,687
Net Invested Capital 168,856
Net Working Capital 22,902
Property Plant and Equipment Gross 1,798
Short Long Term Debt Total 86,402



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-31
> Total Assets 
12,846
169,300
157,200
139,900
49,410
113,700
95,548
100,620
107,342
107,620
104,459
103,523
99,027
96,178
107,558
106,954
134,703
127,701
130,623
130,209
132,234
132,234
166,342
159,857
151,098
151,098
103,040
101,459
104,468
251,196
390,136
380,953
393,867
377,758
321,855
302,115
221,494
212,497
201,853
196,323
196,323201,853212,497221,494302,115321,855377,758393,867380,953390,136251,196104,468101,459103,040151,098151,098159,857166,342132,234132,234130,209130,623127,701134,703106,954107,55896,17899,027103,523104,459107,620107,342100,62095,548113,70049,410139,900157,200169,30012,846
   > Total Current Assets 
0
15,500
12,300
21,000
45,355
27,100
89,506
91,638
96,252
93,924
89,382
87,349
82,037
78,473
89,445
88,690
116,190
108,774
107,907
108,624
110,287
110,287
115,702
110,269
102,320
102,320
59,746
60,495
62,340
147,390
111,340
106,879
135,342
124,197
117,095
108,404
100,078
94,975
91,707
93,339
93,33991,70794,975100,078108,404117,095124,197135,342106,879111,340147,39062,34060,49559,746102,320102,320110,269115,702110,287110,287108,624107,907108,774116,19088,69089,44578,47382,03787,34989,38293,92496,25291,63889,50627,10045,35521,00012,30015,5000
       Cash And Cash Equivalents 
1,366
9,100
9,500
17,700
23,599
24,200
52,744
39,891
31,724
28,622
24,132
22,098
18,624
15,891
25,001
19,118
40,560
35,700
30,615
25,046
20,439
20,439
20,058
13,645
5,367
5,367
7,485
9,855
12,119
95,467
55,406
45,578
69,208
53,864
43,563
35,344
29,268
24,347
21,093
17,715
17,71521,09324,34729,26835,34443,56353,86469,20845,57855,40695,46712,1199,8557,4855,3675,36713,64520,05820,43920,43925,04630,61535,70040,56019,11825,00115,89118,62422,09824,13228,62231,72439,89152,74424,20023,59917,7009,5009,1001,366
       Net Receivables 
0
6,400
2,800
3,300
20,630
2,900
34,673
49,922
63,385
64,314
64,280
63,926
62,033
60,931
62,804
67,827
73,803
71,179
74,910
80,712
86,347
86,347
91,358
91,845
88,655
88,655
48,348
46,541
47,227
46,386
48,460
52,667
61,220
56,925
58,833
58,410
66,733
69,692
69,624
74,058
74,05869,62469,69266,73358,41058,83356,92561,22052,66748,46046,38647,22746,54148,34888,65588,65591,84591,35886,34786,34780,71274,91071,17973,80367,82762,80460,93162,03363,92664,28064,31463,38549,92234,6732,90020,6303,3002,8006,4000
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,050
5,050
0
0
0
0
0
0
0
0
0
0
40,496
26,219
22,083
20,482
20,48222,08326,21940,49600000000005,0505,050000000000000000000000000
   > Long-term Assets 
0
147,300
138,900
113,800
4,054
85,200
6,042
8,982
11,090
13,696
15,076
16,174
16,990
17,704
18,113
18,264
18,513
18,927
22,716
21,585
21,947
21,947
50,640
49,588
48,778
48,778
43,294
40,964
42,128
103,806
278,796
274,074
258,525
253,561
204,760
193,711
121,416
117,522
110,146
102,984
102,984110,146117,522121,416193,711204,760253,561258,525274,074278,796103,80642,12840,96443,29448,77848,77849,58850,64021,94721,94721,58522,71618,92718,51318,26418,11317,70416,99016,17415,07613,69611,0908,9826,04285,2004,054113,800138,900147,3000
       Property Plant Equipment 
403
0
0
0
598
544
1,562
3,451
4,239
4,324
4,299
4,103
3,922
3,846
3,672
3,451
3,206
3,039
5,889
3,871
3,016
3,016
8,481
6,960
6,594
6,594
5,337
5,016
4,771
5,145
4,967
4,837
4,616
4,610
4,325
4,157
3,723
3,486
2,353
1,086
1,0862,3533,4863,7234,1574,3254,6104,6164,8374,9675,1454,7715,0165,3376,5946,5946,9608,4813,0163,0163,8715,8893,0393,2063,4513,6723,8463,9224,1034,2994,3244,2393,4511,562544598000403
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
32,294
58,944
59,166
70,112
70,112
70,112
70,112
38,355
38,355
38,355
38,355
38,35538,35538,35538,35570,11270,11270,11270,11259,16658,94432,29400000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,804
21,790
20,790
18,976
17,765
16,895
18,445
25,521
122,160
116,735
123,627
119,175
78,459
70,670
37,509
35,102
30,195
25,665
25,66530,19535,10237,50970,67078,459119,175123,627116,735122,16025,52118,44516,89517,76518,97620,79021,79021,8040000000000000000000000
       Intangible Assets 
2,561
0
0
0
3,456
3,025
4,480
5,531
6,851
8,244
9,753
11,149
12,249
13,141
13,826
14,300
14,897
15,581
16,485
17,407
18,658
18,658
20,150
20,667
21,257
21,257
20,192
19,053
18,912
40,846
62,404
62,670
52,304
51,790
50,970
48,772
41,829
40,579
39,243
37,878
37,87839,24340,57941,82948,77250,97051,79052,30462,67062,40440,84618,91219,05320,19221,25721,25720,66720,15018,65818,65817,40716,48515,58114,89714,30013,82613,14112,24911,1499,7538,2446,8515,5314,4803,0253,4560002,561
       Long-term Assets Other 
0
-147,300
-138,900
-113,800
-1,454
-85,200
-1,616
-1,616
-1,616
-489
-239
183
662
560
457
355
67
307
342
307
273
273
205
171
137
137
5,337
0
0
0
30,321
30,666
7,866
7,874
894
15,397
5,240
14,600
13,768
15,360
15,36013,76814,6005,24015,3978947,8747,86630,66630,3210005,33713713717120527327330734230767355457560662183-239-489-1,616-1,616-1,616-85,200-1,454-113,800-138,900-147,3000
> Total Liabilities 
43,389
50,900
52,300
47,900
55,630
46,100
64,182
75,633
87,317
91,472
92,516
94,894
93,325
94,766
110,187
113,054
120,908
120,985
128,948
135,097
140,928
140,928
152,490
151,780
149,346
149,346
109,297
104,778
99,232
110,939
112,261
111,279
124,090
122,967
117,211
115,669
110,608
108,411
107,236
111,029
111,029107,236108,411110,608115,669117,211122,967124,090111,279112,261110,93999,232104,778109,297149,346149,346151,780152,490140,928140,928135,097128,948120,985120,908113,054110,18794,76693,32594,89492,51691,47287,31775,63364,18246,10055,63047,90052,30050,90043,389
   > Total Current Liabilities 
30,967
1,600
2,700
1,600
16,445
2,400
24,543
35,324
45,441
50,131
51,294
53,671
51,538
52,574
55,565
58,180
64,578
67,614
75,231
81,199
85,585
85,585
91,414
91,845
87,726
87,726
47,506
43,607
45,487
50,001
54,248
60,276
65,766
67,473
70,634
69,172
67,162
66,343
66,021
70,437
70,43766,02166,34367,16269,17270,63467,47365,76660,27654,24850,00145,48743,60747,50687,72687,72691,84591,41485,58585,58581,19975,23167,61464,57858,18055,56552,57451,53853,67151,29450,13145,44135,32424,5432,40016,4451,6002,7001,60030,967
       Short-term Debt 
0
0
0
0
12,819
0
17,933
28,159
40,384
42,749
44,581
47,056
45,943
45,825
48,068
51,020
57,110
61,020
65,046
69,455
75,934
75,934
77,021
78,151
76,472
76,472
39,170
37,188
37,644
37,476
37,476
42,011
44,983
45,975
47,531
47,790
46,180
44,321
44,977
47,007
47,00744,97744,32146,18047,79047,53145,97544,98342,01137,47637,47637,64437,18839,17076,47276,47278,15177,02175,93475,93469,45565,04661,02057,11051,02048,06845,82545,94347,05644,58142,74940,38428,15917,933012,8190000
       Short Long Term Debt 
0
0
0
0
44,750
0
0
0
58,406
0
0
0
64,388
0
78,320
83,761
13,554
17,531
15,699
12,344
0
78,010
77,021
78,151
0
45,442
39,170
37,188
37,644
37,476
37,476
42,011
44,983
45,975
47,531
47,790
46,180
44,321
44,977
47,007
47,00744,97744,32146,18047,79047,53145,97544,98342,01137,47637,47637,64437,18839,17045,442078,15177,02178,010012,34415,69917,53113,55483,76178,320064,38800058,40600044,7500000
       Accounts payable 
3,147
0
0
100
3,120
300
5,291
5,381
3,654
5,676
5,194
5,038
4,163
5,069
5,783
5,724
5,953
6,594
10,185
11,744
9,651
9,651
14,393
13,694
7,128
7,128
4,557
3,384
3,291
8,056
7,240
5,624
4,960
5,910
5,342
4,346
5,686
0
4,909
0
04,90905,6864,3465,3425,9104,9605,6247,2408,0563,2913,3844,5577,1287,12813,69414,3939,6519,65111,74410,1856,5945,9535,7245,7835,0694,1635,0385,1945,6763,6545,3815,2913003,120100003,147
       Other Current Liabilities 
0
1,600
2,700
1,500
3,626
2,100
6,610
7,165
5,057
7,382
6,713
6,615
5,594
6,749
7,498
7,160
7,468
6,594
0
0
523
11,441
14,393
13,694
4,126
4,126
8,336
6,419
4,552
12,525
16,772
18,265
5,711
21,498
23,103
21,382
15,296
22,022
21,044
23,430
23,43021,04422,02215,29621,38223,10321,4985,71118,26516,77212,5254,5526,4198,3364,1264,12613,69414,39311,441523006,5947,4687,1607,4986,7495,5946,6156,7137,3825,0577,1656,6102,1003,6261,5002,7001,6000
   > Long-term Liabilities 
0
49,300
49,600
46,300
39,185
43,700
39,638
40,310
41,875
41,341
41,222
41,223
41,787
42,191
54,621
54,875
56,330
53,371
53,717
53,898
55,343
55,343
61,076
59,935
61,620
61,620
61,791
61,171
53,745
60,938
58,013
51,003
58,324
55,494
46,577
46,497
43,446
42,068
41,215
40,592
40,59241,21542,06843,44646,49746,57755,49458,32451,00358,01360,93853,74561,17161,79161,62061,62059,93561,07655,34355,34353,89853,71753,37156,33054,87554,62142,19141,78741,22341,22241,34141,87540,31039,63843,70039,18546,30049,60049,3000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
131,381
132,728
138,092
108,003
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000108,003138,092132,728131,3810000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
177
1,119
1,121
1,021
964
1,262
1,616
2,326
2,063
3,018
310
281
252
0
0
0
0
0
0
0
3,500
0
0
0
0
1,894
1,791
1,688
1,584
0
0
1,225
0
01,225001,5841,6881,7911,89400003,50000000002522813103,0182,0632,3261,6161,2629641,0211,1211,1191770000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
610
0
474
410
327
307
342
307
147
239
205
171
137
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001371712052391473073423073274104740610000000000000
> Total Stockholder Equity
0
118,400
104,900
92,000
-6,220
67,600
31,366
24,986
20,026
16,147
11,943
8,629
5,702
1,412
-2,629
-6,100
13,795
6,716
1,675
-4,888
-8,694
-8,694
13,852
8,077
-92,748
-92,748
-6,257
-3,319
5,236
140,257
277,875
269,674
269,777
254,791
204,644
186,446
110,886
104,086
94,617
85,294
85,29494,617104,086110,886186,446204,644254,791269,777269,674277,875140,2575,236-3,319-6,257-92,748-92,7488,07713,852-8,694-8,694-4,8881,6756,71613,795-6,100-2,6291,4125,7028,62911,94316,14720,02624,98631,36667,600-6,22092,000104,900118,4000
   Retained Earnings -340,337-330,833-320,825-313,941-239,000-219,004-167,133-148,263-118,639-108,826-117,871-115,054-112,205-113,224-101,609-101,609-94,321-88,288-90,784-90,784-85,813-78,768-72,712-63,627-57,526-53,809-48,471-43,899-40,671-37,094-32,460-26,807-21,211-14,404-155,200-45,599-132,800-120,800-107,8000
   Accumulated Other Comprehensive Income 
0
8,200
8,200
7,600
-1,402
7,200
-1,499
-1,610
-1,850
-1,524
-1,793
-2,072
-2,322
-2,399
-2,650
-2,908
-3,140
-3,367
-4,292
-5,273
-6,041
-6,041
-6,456
-6,200
-6,429
-6,429
-6,628
-6,765
-4,426
864
386
728
926
1,219
1,236
1,342
559
350
439
460
4604393505591,3421,2361,219926728386864-4,426-6,765-6,628-6,429-6,429-6,200-6,456-6,041-6,041-5,273-4,292-3,367-3,140-2,908-2,650-2,399-2,322-2,072-1,793-1,524-1,850-1,610-1,4997,200-1,4027,6008,2008,2000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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8,657
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8,679
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000000000000008,6798,8618,8548,6570000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue65,210
Cost of Revenue-18,269
Gross Profit46,94146,941
 
Operating Income (+$)
Gross Profit46,941
Operating Expense-72,613
Operating Income-7,403-25,672
 
Operating Expense (+$)
Research Development11,534
Selling General Administrative21,698
Selling And Marketing Expenses-
Operating Expense72,61333,232
 
Net Interest Income (+$)
Interest Income-
Interest Expense-6,882
Other Finance Cost-2,042
Net Interest Income-8,924
 
Pretax Income (+$)
Operating Income-7,403
Net Interest Income-8,924
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-101,74578,015
EBIT - interestExpense = -6,882
-101,337
-94,455
Interest Expense6,882
Earnings Before Interest and Taxes (EBIT)--94,863
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-101,745
Tax Provision--408
Net Income From Continuing Ops-101,337-101,337
Net Income-101,337
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-85,4188,924
 

Technical Analysis of Mogo
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Mogo. The general trend of Mogo is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Mogo's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Mogo Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 2.18 < 2.25 < 2.8224.

The bearish price targets are: 1.9 > 1.74 > 1.74.

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Mogo Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Mogo Inc. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Mogo Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Mogo Inc. The current macd is 0.02933207.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Mogo price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Mogo. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Mogo price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Mogo Inc Daily Moving Average Convergence/Divergence (MACD) ChartMogo Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Mogo Inc. The current adx is 21.34.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Mogo shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Mogo Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Mogo Inc. The current sar is 2.14020553.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Mogo Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Mogo Inc. The current rsi is 53.48. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Mogo Inc Daily Relative Strength Index (RSI) ChartMogo Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Mogo Inc. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Mogo price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Mogo Inc Daily Stochastic Oscillator ChartMogo Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Mogo Inc. The current cci is -16.18000253.

Mogo Inc Daily Commodity Channel Index (CCI) ChartMogo Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Mogo Inc. The current cmo is 7.52122656.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Mogo Inc Daily Chande Momentum Oscillator (CMO) ChartMogo Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Mogo Inc. The current willr is -40.90909091.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Mogo is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Mogo Inc Daily Williams %R ChartMogo Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Mogo Inc.

Mogo Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Mogo Inc. The current atr is 0.14797979.

Mogo Inc Daily Average True Range (ATR) ChartMogo Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Mogo Inc. The current obv is -1,105,363.

Mogo Inc Daily On-Balance Volume (OBV) ChartMogo Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Mogo Inc. The current mfi is 55.00.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Mogo Inc Daily Money Flow Index (MFI) ChartMogo Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mogo Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-31WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Mogo Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Mogo Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.480
Ma 20Greater thanMa 502.002
Ma 50Greater thanMa 1001.794
Ma 100Greater thanMa 2001.696
OpenGreater thanClose1.900
Total3/5 (60.0%)
Penke

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