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As of close of business last night, GoPro Inc.’s stock clocked out at $1.35, down -2.88% from its previous closing price of $1.39. In other words, the price has decreased by -$2.88 from its previous closing price. On the day, 1.66 million shares were traded. GPRO stock price reached its highest trading level at $1.395 during the session, while it also had its lowest trading level at $1.32.
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 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:
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 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 211696208 and an Enterprise Value of 198185008. 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 0.91. Its current Enterprise Value per Revenue stands at 0.201 whereas that against EBITDA is -2.967.
Stock Price History:
The Beta on a monthly basis for GPRO is 1.61, which has changed by -0.6674877 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, GPRO has reached a high of $4.45, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is -14.66%, while the 200-Day Moving Average is calculated to be -46.99%.
Shares Statistics:
It appears that GPRO traded 2.10M shares on average per day over the past three months and 2216520 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 20.08% of the company’s shares, while institutions hold 48.10% stake in the company. Shares short for GPRO as of 1718323200 were 6215512 with a Short Ratio of 2.96, compared to 1715731200 on 6941462. Therefore, it implies a Short% of Shares Outstanding of 6215512 and a Short% of Float of 5.0100001999999995.
