Mogo Finance Technology (MOGO) Coverage Initiated at Craig Hallum

Analysts at Craig Hallum assumed coverage on shares of Mogo Finance Technology (NASDAQ:MOGO) in a research report issued to clients and investors on Wednesday, The Fly reports. The firm set a “buy” rating on the stock.

Separately, BMO Capital Markets raised their price target on shares of Mogo Finance Technology from $5.00 to $7.00 and gave the company an “outperform” rating in a research report on Thursday, August 9th.

Shares of NASDAQ MOGO opened at $3.44 on Wednesday. Mogo Finance Technology has a fifty-two week low of $2.21 and a fifty-two week high of $4.00. The stock has a market capitalization of $79.76 million and a P/E ratio of -5.06. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 30.89.

About Mogo Finance Technology

Mogo Finance Technology, Inc is a financial technology company, which engages in the provision of digital financial services. It offers products under the brand of MogoAccount, MogoProtect, MogoCard, MogoMortgage, MogoMoney, and MogoCrypto. The company was founded by David Feller and Gregory Feller on August 26, 2003 and is headquartered in Vancouver, Canada.

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