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In the latest session, GoPro Inc. (NASDAQ: GPRO) closed at $1.31 up 0.77% from its previous closing price of $1.30. In other words, the price has increased by $0.77 from its previous closing price. On the day, 0.95 million shares were traded. GPRO stock price reached its highest trading level at $1.34 during the session, while it also had its lowest trading level at $1.28.
Ratios:
For a deeper understanding of GoPro Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.63.
On December 12, 2023, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $4.20 to $3.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 31 ’24 when Jahnke Dean sold 1,794 shares for $1.53 per share. The transaction valued at 2,745 led to the insider holds 375,970 shares of the business.
Lafrades Charles sold 8,166 shares of GPRO for $19,692 on Feb 16 ’24. The Chief Accounting Officer now owns 92,989 shares after completing the transaction at $2.41 per share. On Feb 16 ’24, another insider, Jahnke Dean, who serves as the SVP, Global Sales, CM, RE of the company, sold 27,849 shares for $2.41 each. As a result, the insider received 67,094 and left with 267,651 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, GPRO now has a Market Capitalization of 198548832 and an Enterprise Value of 194703744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 0.209 whereas that against EBITDA is -2.233.
Stock Price History:
Over the past 52 weeks, GPRO has reached a high of $3.80, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -0.05%, while the 200-Day Moving Average is calculated to be -32.72%.
Shares Statistics:
For the past three months, GPRO has traded an average of 1.39M shares per day and 897830 over the past ten days. A total of 123.64M shares are outstanding, with a floating share count of 122.36M. Insiders hold about 19.88% of the company’s shares, while institutions hold 45.20% stake in the company. Shares short for GPRO as of 1726185600 were 6718488 with a Short Ratio of 4.82, compared to 1723680000 on 7331017. Therefore, it implies a Short% of Shares Outstanding of 6718488 and a Short% of Float of 5.4.
