GoPro Inc (NASDAQ:GPRO) shares, rose in value on Wednesday, March 26, with the stock price down by -3.87% to the previous day’s close as strong demand from buyers drove the stock to $0.73.
Actively observing the price movement in the last trading, the stock closed the session at $0.76, falling within a range of $0.7221 and $0.7655. The value of beta (5-year monthly) was 1.62. Referring to stock’s 52-week performance, its high was $2.32, and the low was $0.64. On the whole, GPRO has fluctuated by -6.41% over the past month.
With the market capitalization of GoPro Inc currently standing at about $117.14 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 738.52M, with a low estimate of 124.1M and a high estimate of 125.19M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 124.65M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GPRO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of GPRO currently trading nearly -1.36% and -15.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.98, while the 7-day volatility ratio is showing 8.72% which for the 30-day chart, stands at 6.84%. Furthermore, GoPro Inc (GPRO)’s beta value is 1.51, and its average true range (ATR) is 0.05.
A comparison of GoPro Inc (GPRO) with its peers suggests the former has fared considerably weaker in the market. GPRO showed an intraday change of -3.87% in last session, and over the past year, it shrunk by -68.46%%.
Data on historical trading for GoPro Inc (NASDAQ:GPRO) indicates that the trading volumes over the past 10 days have averaged 7.86 and over the past 3 months, they’ve averaged 3.72 million. According to company’s latest data on outstanding shares, there are 129.20 million shares outstanding.
Nearly 19.45% of GoPro Inc’s shares belong to company insiders and institutional investors own 41.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.82 million shares as on 2025-03-14, resulting in a short ratio of 2.48. According to the data, the short interest in GoPro Inc (GPRO) stood at 683.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 7.52 million. The stock has fallen by -32.86% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GPRO stock heading into the next quarter.
