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The price of GoPro Inc. (NASDAQ: GPRO) closed at $1.31 in the last session, up 0.77% from day before closing price of $1.30. In other words, the price has increased by $0.77 from its previous closing price. On the day, 1.05 million shares were traded. GPRO stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.28.
Ratios:
We take a closer look at GPRO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.63.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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.
Lafrades Charles sold 8,166 shares of GPRO for $19,692 on Feb 16 ’24. The Chief Accounting Officer now owns 92,989 shares after completing the transaction at $2.41 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 200076288 and an Enterprise Value of 194703744. 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 1.08. Its current Enterprise Value per Revenue stands at 0.209 whereas that against EBITDA is -2.233.
Stock Price History:
Over the past 52 weeks, GPRO has reached a high of $3.80, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -4.47%, while the 200-Day Moving Average is calculated to be -36.36%.
Shares Statistics:
According to the various share statistics, GPRO traded on average about 1.57M shares per day over the past 3-months and 1166180 shares per day over the past 10 days. A total of 123.64M shares are outstanding, with a floating share count of 122.36M. Insiders hold about 19.88% of the company’s shares, while institutions hold 45.15% stake in the company. Shares short for GPRO as of 1724976000 were 6836150 with a Short Ratio of 4.35, compared to 1722384000 on 5903777. Therefore, it implies a Short% of Shares Outstanding of 6836150 and a Short% of Float of 5.5.
