Mogo Finance Technology Inc. is focused on digital products, including credit-score monitoring and loans. The share price took a hefty tumble following its $10 IPO on June 25, 2015, setting an all-time low of $1.10 on Oct. 12, 2016. The stock has been making a comeback and five insiders have spent a total of $5.3-million picking up shares in the public market over the past three months (only officer and directors show on chart). Most recently, the chief financial officer bought 10,000 shares on June 14.
Disclaimer:
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Graph Footnote:
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors