For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $1.03 in the prior trading day, GoPro Inc (NASDAQ: GPRO) closed at $1.01, down -1.94%. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 1.62 million shares were traded. GPRO stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $1.0.
Ratios:
Our goal is to gain a better understanding of GPRO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.62.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 14 ’24 when Lurie Alexander J sold 219,120 shares for $1.26 per share. The transaction valued at 276,288 led to the insider holds 0 shares of the business.
Lurie Alexander J sold 61,268 shares of GPRO for $82,804 on Nov 13 ’24. The Director now owns 219,120 shares after completing the transaction at $1.35 per share. On Nov 13 ’24, another insider, Alexander J. Lurie, who serves as the Director of the company, bought 280,388 shares for $1.42 each.
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 156308608 and an Enterprise Value of 151378672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.169 whereas that against EBITDA is -1.698.
Stock Price History:
The Beta on a monthly basis for GPRO is 1.52, which has changed by -0.65436244 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, GPRO has reached a high of $3.22, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -12.33%, while the 200-Day Moving Average is calculated to be -26.87%.
Shares Statistics:
The stock has traded on average 1.75M shares per day over the past 3-months and 1344860 shares per day over the last 10 days, according to various share statistics. A total of 128.50M shares are outstanding, with a floating share count of 124.70M. Insiders hold about 19.43% of the company’s shares, while institutions hold 44.32% stake in the company. Shares short for GPRO as of 1736899200 were 4915170 with a Short Ratio of 2.81, compared to 1734048000 on 4603896. Therefore, it implies a Short% of Shares Outstanding of 4915170 and a Short% of Float of 3.8900003.
