A Reversal for Mogo Finance Technology Inc Is Not Near. The Stock Rises Again

 A Reversal for Mogo Finance Technology Inc Is Not Near. The Stock Rises Again

The stock of Mogo Finance Technology Inc (TSE:GO) is a huge mover today! About 49,345 shares traded hands or 28.91% up from the average. Mogo Finance Technology Inc (TSE:GO) has declined 30.51% since April 14, 2016 and is downtrending. It has underperformed by 36.66% the S&P500.
The move comes after 9 months positive chart setup for the $41.38 million company. It was reported on Nov, 11 by Barchart.com. We have $4.07 PT which if reached, will make TSE:GO worth $38.07M more.

Mogo Finance Technology Inc (TSE:GO) Ratings Coverage

Out of 2 analysts covering Guide Exploration (TSE:GO), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Guide Exploration has been the topic of 3 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Cormark Securities given on Wednesday, July 29. On Friday, August 12 the stock rating was maintained by Canaccord Genuity with “Sell”. As per Wednesday, July 29, the company rating was initiated by Canaccord Genuity.

More important recent Mogo Finance Technology Inc (TSE:GO) news were published by: Cnbc.com which released: “Is Mogo the Uber of finance?” on August 20, 2015, also Wsj.com published article titled: “Canada’s Mogo Finance Considers C$50 Million IPO as Early as This Month”, Wsj.com published: “Canada’s Mogo Finance Raises C$50 Million from IPO” on June 17, 2015. More interesting news about Mogo Finance Technology Inc (TSE:GO) was released by: Theglobeandmail.com and their article: “Analysts say ‘buy’ as shares sink in Canada’s first public online lender” with publication date: August 09, 2015.

Mogo Finance Technology Inc. is a Canada financial technology company, which is focused on building a digital financial brand, Mogo. The company has a market cap of $41.38 million. The Company’s technology platform provides clients with access to responsible credit solutions. It currently has negative earnings. The Firm leverages big data algorithms and the technologies to manage the customer experience.

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