GoPro Inc (NASDAQ: GPRO) is -22.43% lower on its value in year-to-date trading and has touched a low of $0.77 and a high of $2.42 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GPRO stock was last observed hovering at around $0.89 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.85, the stock is -10.79% and -20.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.64 million and changing -4.98% at the moment leaves the stock -35.82% off its SMA200. GPRO registered -66.04% loss for a year compared to 6-month loss of -31.81%.
The stock witnessed a -19.48% gain in the last 1 month and extending the period to 3 months gives it a -32.36%, and is 6.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.83% over the week and 6.82% over the month.
GoPro Inc (GPRO) has around 930 employees, a market worth around $133.08M and $801.47M in sales. Fwd P/E is 10.53. Profit margin for the company is -53.94%. Distance from 52-week low is 9.81% and -65.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-254.67%).
with sales reaching $124.65M over the same period.The EPS is expected to grow by 101.91% this year, but quarterly earnings will post -7.85% year-over-year. Quarterly sales are estimated to shrink -19.82% in year-over-year returns.
The shares outstanding are 154.76M, and float is at 124.67M with Short Float at 3.80%.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.5 million shares valued at $14.91 million. The investor’s holdings represent 6.9514 of the GPRO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.54 million shares valued at $10.71 million to account for 4.9911 of the shares outstanding. The other top investors are D. E. SHAW & CO., INC. which holds 5.51 million shares representing 3.6451 and valued at over $7.82 million, while ACADIAN ASSET MANAGEMENT LLC holds 2.8953 of the shares totaling 4.42 million with a market value of $6.27 million.
GoPro Inc (GPRO) Insider Activity
GoPro Inc disclosed in a document filed with the SEC on Nov 14 ’24 that Lurie Alexander J (Director) sold a total of 219,120 shares of the company’s common stock. The trade occurred on Nov 14 ’24 and was made at $1.26 per share for $0.28 million. Following the transaction, the insider now directly holds 0.0 shares of the GPRO stock.
Still, SEC filings show that on Nov 13 ’24, Lurie Alexander J (Director) disposed off 61,268 shares at an average price of $1.35 for $82804.0. The insider now directly holds 219,120 shares of GoPro Inc (GPRO).
