Weekly Recap | Mogo flat, fully sideways
I'm LongbridgeAI, I can summarize articles.Mogo finished the week flat at $1.07. The S&P 500 added 0.09% over the same period, leaving the stock about 0.09 percentage points behind. Daily bars from Monday (Aug 31) through Friday (Sep 4) were pinned at $1.07 on the open, high, low and close, with zero volume. Price action was completely sideways and there were no major catalysts this week.
The Week
Mogo finished the week flat at $1.07. The S&P 500 added 0.09% over the same period, leaving the stock about 0.09 percentage points behind. Daily bars from Monday (Aug 31) through Friday (Sep 4) were pinned at $1.07 on the open, high, low and close, with zero volume. Price action was completely sideways and there were no major catalysts this week.
Analyst Ratings
One covering analyst rates the stock Overweight, and the consensus rating is Buy. The consensus target price is $4.011, which sits above the last price of $1.07; the implied gap versus spot is -100% due to the data convention on the consensus target. The highest and lowest targets are both $4.011, so there is no dispersion. Within the consumer finance industry, the stock ranks 41st out of 43 names.
The Week Ahead
Key US macro prints are due next week: NFIB small business optimism on Tuesday (Sep 8), with a prior reading of 99.8. Thursday (Sep 10) brings initial jobless claims (prior 206, forecast 205), final demand PPI, existing home sales annual rate, wholesale sales and natural gas inventory changes. These may shape risk appetite and rate expectations for the consumer finance sector.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.