Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, GoPro Inc’s stock clocked out at $1.06, down -0.93% from its previous closing price of $1.07. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 1.22 million shares were traded. GPRO stock price reached its highest trading level at $1.08 during the session, while it also had its lowest trading level at $1.05.
Ratios:
To gain a deeper understanding of GPRO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.62.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 14 ’24 when Lurie Alexander J sold 219,120 shares for $1.26 per share. The transaction valued at 276,288 led to the insider holds 0 shares of the business.
Lurie Alexander J sold 61,268 shares of GPRO for $82,804 on Nov 13 ’24. The Director now owns 219,120 shares after completing the transaction at $1.35 per share. On Nov 13 ’24, another insider, Alexander J. Lurie, who serves as the Director of the company, bought 280,388 shares for $1.42 each.
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 164046640 and an Enterprise Value of 159116736. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.178 whereas that against EBITDA is -1.784.
Stock Price History:
The Beta on a monthly basis for GPRO is 1.52, which has changed by -0.665625 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, GPRO has reached a high of $3.39, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -10.44%, while the 200-Day Moving Average is calculated to be -24.06%.
Shares Statistics:
It appears that GPRO traded 1.71M shares on average per day over the past three months and 1307840 shares per day over the past ten days. A total of 128.50M shares are outstanding, with a floating share count of 124.70M. Insiders hold about 19.43% of the company’s shares, while institutions hold 44.32% stake in the company. Shares short for GPRO as of 1735603200 were 4350761 with a Short Ratio of 2.55, compared to 1732838400 on 5071009. Therefore, it implies a Short% of Shares Outstanding of 4350761 and a Short% of Float of 3.44.
