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As of close of business last night, Gogo Inc’s stock clocked out at $6.47, down -5.69% from its previous closing price of $6.86. In other words, the price has decreased by -$5.69 from its previous closing price. On the day, 2.58 million shares were traded. GOGO stock price reached its highest trading level at $6.94 during the session, while it also had its lowest trading level at $6.44.
Ratios:
To gain a deeper understanding of GOGO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.15. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 13.02 whereas as Long-Term Debt/Eq ratio is at 12.98.
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.
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 849834496 and an Enterprise Value of 1713631360. As of this moment, Gogo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.49, and their Forward P/E ratio for the next fiscal year is 9.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 15.48. Its current Enterprise Value per Revenue stands at 3.853 whereas that against EBITDA is 13.851.
Stock Price History:
The Beta on a monthly basis for GOGO is 0.71, which has changed by -0.20024723 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, GOGO has reached a high of $11.00, while it has fallen to a 52-week low of $6.17. The 50-Day Moving Average of the stock is -16.58%, while the 200-Day Moving Average is calculated to be -19.25%.
Shares Statistics:
It appears that GOGO traded 1.19M shares on average per day over the past three months and 1961930 shares per day over the past ten days. A total of 130.92M shares are outstanding, with a floating share count of 61.09M. Insiders hold about 51.43% of the company’s shares, while institutions hold 54.65% stake in the company. Shares short for GOGO as of 1740700800 were 24134740 with a Short Ratio of 20.27, compared to 1738281600 on 21943572. Therefore, it implies a Short% of Shares Outstanding of 24134740 and a Short% of Float of 35.57.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
