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The closing price of Gogo Inc (NASDAQ: GOGO) was $7.53 for the day, up 0.13% from the previous closing price of $7.52. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.85 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 23.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.67. 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 13.20 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.
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 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:
As of this moment, Gogo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 76.21, and their Forward P/E ratio for the next fiscal year is 10.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 14.22.
Stock Price History:
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 1.13%, while the 200-Day Moving Average is calculated to be -1.50%.
Shares Statistics:
A total of 130.92M shares are outstanding, with a floating share count of 63.83M. Insiders hold about 51.73% of the company’s shares, while institutions hold 52.22% stake in the company.
