Gogo Inc (NASDAQ:GOGO) shares, rose in value on Wednesday, June 18, with the stock price up by 14.92% to the previous day’s close as strong demand from buyers drove the stock to $14.40.
Actively observing the price movement in the last trading, the stock closed the session at $12.53, falling within a range of $12.8801 and $15.1. The value of beta (5-year monthly) was 0.968. Referring to stock’s 52-week performance, its high was $13.16, and the low was $6.17. On the whole, GOGO has fluctuated by 17.46% over the past month.
With the market capitalization of Gogo Inc currently standing at about $1.90 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-09.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GOGO’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of GOGO currently trading nearly 23.93% and 46.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 77.82, while the 7-day volatility ratio is showing 6.54% which for the 30-day chart, stands at 5.54%. Furthermore, Gogo Inc (GOGO)’s beta value is 0.97, and its average true range (ATR) is 0.79.
A comparison of Gogo Inc (GOGO) with its peers suggests the former has fared considerably weaker in the market. GOGO showed an intraday change of 14.92% in last session, and over the past year, it grew by 56.86%%.
Data on historical trading for Gogo Inc (NASDAQ:GOGO) indicates that the trading volumes over the past 10 days have averaged 2.16 and over the past 3 months, they’ve averaged 1.96 million. According to company’s latest data on outstanding shares, there are 131.76 million shares outstanding.
Nearly 45.05% of Gogo Inc’s shares belong to company insiders and institutional investors own 57.95% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 21.6 million shares as on 2025-05-30, resulting in a short ratio of 9.17. According to the data, the short interest in Gogo Inc (GOGO) stood at 3938.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 23.24 million. The stock has risen by 78.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GOGO stock heading into the next quarter.
