Mogo Finance Technology Inc.

MOGO-T

Analysis and Opinions about MOGO-T

Signal
Opinion
Expert
BUY
BUY
June 19, 2018

This is a way to play the millennial fintech market with a dash of crypto. The stock made its IPO at 10, then pulled back sharply. They have a platform that allows millennials (or anyone else) to get loans, mortgages, and other financial products -- now including a crypto layer. There are 10 million millennials and Mogo has 600,000 (6% of the addressable market). There is a likely tipping point at 10% of the market, so Mogo should add another 400,000 users, and they are on their way there. The company has been able to deliver top line growth, but not big earnings, which has put the stock under pressure. She recommends patience, that in a stock like this, the earnings come eventually.

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This is a way to play the millennial fintech market with a dash of crypto. The stock made its IPO at 10, then pulled back sharply. They have a platform that allows millennials (or anyone else) to get loans, mortgages, and other financial products -- now including a crypto layer. There are 10 million millennials and Mogo has 600,000 (6% of the addressable market). There is a likely tipping point at 10% of the market, so Mogo should add another 400,000 users, and they are on their way there. The company has been able to deliver top line growth, but not big earnings, which has put the stock under pressure. She recommends patience, that in a stock like this, the earnings come eventually.

COMMENT
COMMENT
December 23, 2015

A name where there was a lot of growth priced in on the IPO. The company is still growing, but not profitably yet. However, it is so oversold and we are starting to see the bounce. That is probably the end of tax loss selling and you could see a nice trade in it here.

Show full opinionHide full opinion

A name where there was a lot of growth priced in on the IPO. The company is still growing, but not profitably yet. However, it is so oversold and we are starting to see the bounce. That is probably the end of tax loss selling and you could see a nice trade in it here.

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Mogo Finance Technology Inc.(MOGO-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Mogo Finance Technology Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Mogo Finance Technology Inc.(MOGO-T) Frequently Asked Questions

What is Mogo Finance Technology Inc. stock symbol?

Mogo Finance Technology Inc. is a Canadian stock, trading under the symbol MOGO-T on the Toronto Stock Exchange (MOGO-CT). It is usually referred to as TSX:MOGO or MOGO-T

Is Mogo Finance Technology Inc. a buy or a sell?

In the last year, there was no coverage of Mogo Finance Technology Inc. published on Stockchase.

Is Mogo Finance Technology Inc. a good investment or a top pick?

Mogo Finance Technology Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Mogo Finance Technology Inc..

Why is Mogo Finance Technology Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Mogo Finance Technology Inc. worth watching?

0 stock analyst on Stockchase covered Mogo Finance Technology Inc. In the last year. It is a trending stock that is worth watching.

What is Mogo Finance Technology Inc. stock price?

On 2020-02-25, Mogo Finance Technology Inc. (MOGO-T) stock closed at a price of $3.21.