In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Gogo Inc (NASDAQ: GOGO) was $12.53 for the day, down -0.24% from the previous closing price of $12.56. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 1.46 million shares were traded.
Ratios:
Our analysis of GOGO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.31. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 22 ’25 when Silver (Equity) Holdings, LP sold 8,500,000 shares for $11.00 per share. The transaction valued at 93,500,000 led to the insider holds 4,174,482 shares of the business.
Silver (Equity) Holdings, LP bought 8,500,000 shares of GOGO for $108,885,000 on May 22 ’25. On May 13 ’25, another insider, CRANDALL ROBERT L, who serves as the Director of the company, bought 25,000 shares for $11.84 each. As a result, the insider paid 296,000 and bolstered with 103,934 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.90 while its Price-to-Book (P/B) ratio in mrq is 19.90.
Stock Price History:
Over the past 52 weeks, GOGO has reached a high of $13.16, while it has fallen to a 52-week low of $6.17. The 50-Day Moving Average of the stock is 29.83%, while the 200-Day Moving Average is calculated to be 54.41%.
Shares Statistics:
A total of 131.76M shares are outstanding, with a floating share count of 72.68M. Insiders hold about 45.05% of the company’s shares, while institutions hold 57.94% stake in the company.
