Market Recap: Gogo Inc (GOGO)’s Negative Momentum, Closing at 7.08

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The closing price of Gogo Inc (NASDAQ: GOGO) was $7.08 for the day, down -0.42% from the previous closing price of $7.11. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 1.04 million shares were traded. GOGO stock price reached its highest trading level at $7.27 during the session, while it also had its lowest trading level at $6.87.

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 22.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.31. 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:

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 929958016 and an Enterprise Value of 1793754880. As of this moment, Gogo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.66, and their Forward P/E ratio for the next fiscal year is 10.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 13.37. Its current Enterprise Value per Revenue stands at 4.034 whereas that against EBITDA is 14.499.

Stock Price History:

The Beta on a monthly basis for GOGO is 0.99, which has changed by -0.12807882 over the last 52 weeks, in comparison to a change of 0.059571505 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 -8.06%, while the 200-Day Moving Average is calculated to be -9.53%.

Shares Statistics:

GOGO traded an average of 1.55M shares per day over the past three months and 1981330 shares per day over the past ten days. A total of 130.92M shares are outstanding, with a floating share count of 63.40M. Insiders hold about 51.73% of the company’s shares, while institutions hold 52.36% stake in the company. Shares short for GOGO as of 1743379200 were 24854977 with a Short Ratio of 16.02, compared to 1740700800 on 24134740. Therefore, it implies a Short% of Shares Outstanding of 24854977 and a Short% of Float of 36.330003.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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