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The closing price of GoPro Inc. (NASDAQ: GPRO) was $1.46 for the day, down -1.35% from the previous closing price of $1.48. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 1.51 million shares were traded. GPRO stock price reached its highest trading level at $1.48 during the session, while it also had its lowest trading level at $1.44.
Ratios:
Our analysis of GPRO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.51.
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:
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 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.
MCGEE BRIAN sold 121,441 shares of GPRO for $291,264 on Feb 16 ’24. The EVP, CFO and COO now owns 288,424 shares after completing the transaction at $2.40 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 222356560 and an Enterprise Value of 214937936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 0.218 whereas that against EBITDA is -3.218.
Stock Price History:
Over the past 52 weeks, GPRO has reached a high of $4.45, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is -17.49%, while the 200-Day Moving Average is calculated to be -46.38%.
Shares Statistics:
GPRO traded an average of 2.05M shares per day over the past three months and 1836910 shares per day over the past ten days. A total of 123.64M shares are outstanding, with a floating share count of 121.72M. Insiders hold about 19.76% of the company’s shares, while institutions hold 48.20% stake in the company. Shares short for GPRO as of 1715731200 were 6941462 with a Short Ratio of 3.39, compared to 1713139200 on 6545020. Therefore, it implies a Short% of Shares Outstanding of 6941462 and a Short% of Float of 5.5999998.
