Market Recap Check: Gogo Inc (GOGO)’s Positive Finish at 12.19, Up/Down 2.78

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of Gogo Inc (NASDAQ: GOGO) closed at $12.19 in the last session, up 2.78% from day before closing price of $11.86. In other words, the price has increased by $2.78 from its previous closing price. On the day, 2.04 million shares were traded. GOGO stock price reached its highest trading level at $12.215 during the session, while it also had its lowest trading level at $11.4.

Ratios:

We take a closer look at GOGO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 54.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 11.00 whereas as Long-Term Debt/Eq ratio is at 10.82.

On November 01, 2022, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $14 to $15.

JP Morgan Upgraded its Underweight to Neutral on October 07, 2021, while the target price for the stock was maintained at $16.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 18 ’25 when TOWNSEND CHARLES C bought 101,956 shares for $6.74 per share. The transaction valued at 687,183 led to the insider holds 1,940,688 shares of the business.

TOWNSEND CHARLES C bought 98,044 shares of GOGO for $644,149 on Mar 17 ’25. The Director now owns 1,838,732 shares after completing the transaction at $6.57 per share. On Mar 17 ’25, another insider, THORNE OAKLEIGH, who serves as the Director of the company, bought 45,259 shares for $6.57 each. As a result, the insider paid 297,352 and bolstered with 27,303,395 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOGO now has a Market Capitalization of 1612298112 and an Enterprise Value of 2446540032. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.83 while its Price-to-Book (P/B) ratio in mrq is 19.36. Its current Enterprise Value per Revenue stands at 4.287 whereas that against EBITDA is 17.609.

Stock Price History:

The Beta on a monthly basis for GOGO is 1.04, which has changed by 0.13606715 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, GOGO has reached a high of $12.90, while it has fallen to a 52-week low of $6.17. The 50-Day Moving Average of the stock is 55.80%, while the 200-Day Moving Average is calculated to be 58.60%.

Shares Statistics:

According to the various share statistics, GOGO traded on average about 1.92M shares per day over the past 3-months and 3058290 shares per day over the past 10 days. A total of 131.76M shares are outstanding, with a floating share count of 63.61M. Insiders hold about 51.91% of the company’s shares, while institutions hold 55.89% stake in the company. Shares short for GOGO as of 1745971200 were 23240787 with a Short Ratio of 12.08, compared to 1743379200 on 24854977. Therefore, it implies a Short% of Shares Outstanding of 23240787 and a Short% of Float of 42.39.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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