Michael A. Wekerle Buys 100,000 Shares of Mogo Finance Technology Inc (MOGO) Stock

Mogo Finance Technology Inc (TSE:MOGO) insider Michael A. Wekerle acquired 100,000 shares of the business’s stock in a transaction dated Monday, March 20th. The stock was purchased at an average cost of C$3.20 per share, with a total value of C$320,000.00.

Mogo Finance Technology Inc (TSE:MOGO) traded down 0.31% during trading on Monday, hitting $3.20. 58,090 shares of the stock were exchanged. Mogo Finance Technology Inc has a 12-month low of $1.10 and a 12-month high of $4.10. The stock’s 50-day moving average price is $0.00 and its 200-day moving average price is $0.00. The firm’s market cap is $58.55 million.

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A number of research firms have recently weighed in on MOGO. BMO Capital Markets reissued an “outperform” rating and issued a C$3.00 price objective on shares of Mogo Finance Technology in a research report on Friday, January 6th. Canaccord Genuity boosted their price objective on shares of Mogo Finance Technology from C$2.50 to C$3.25 in a research report on Friday, February 17th.

About Mogo Finance Technology

Mogo Finance Technology Inc is a Canada-based financial technology company, which is focused on building a digital financial brand, Mogo. The Company’s technology platform provides consumers with access to responsible credit solutions. The Company leverages big data algorithms and the technologies to manage the customer experience.

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