GoPro Inc (NASDAQ:GPRO) price closed lower on current market day and dropping -3.10% below its previous close.
A look at the daily price movement shows that the last close reads $0.88. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.76 and 52-week low of $0.40. The stock added 38.91% on its value in the past month.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 3 analysts have assigned GPRO a recommendation rating as follows: 0 rate it as a Hold; 2 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the GoPro Inc (GPRO) stock as Underweight, with 1 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that GPRO’s price is at present 29.55% off the SMA20 and 42.02% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 74.18, with weekly volatility standing at 8.41%. The indicator jumps to 5.28% when calculated based on the past 30 days. GoPro Inc (NASDAQ:GPRO)’s beta value is holding at 1.36, while the average true range (ATR) indicator is currently reading 0.07. Considering analysts have assigned the stock a price target range of $5-$5 as the low and high respectively, we find the trailing 12-month average consensus price target to be $5. Based on this estimate, we see that current price is roughly -488.24% off the estimated low and -488.24% off the forecast high. Investors will no doubt be excited to see the share price fall to $5, which is the median consensus price, and at that level GPRO would be -488.24% from current price.
Current records show that the company has 131.29M in outstanding shares. The insiders’ percentage holdings are 20.19% of outstanding shares while the percentage share held by institutions stands at 41.59%. But the -21.60% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
