Shares of GoPro, Inc. (GPRO) Sees Large Inflow of Net Money Flow

GoPro, Inc. (GPRO) dropped slightly amid mild profit booking and the last known price was $10.67 per share. The price decreased by -0.08 points or -0.74% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $1.06 million. The total upticks were valued at $2.81 million and the total downticks aggregated to $1.74 million, thereby putting the up/down ratio at 1.61,. The shares has seen a change in the share price of 5.96% on a weekly basis.In a big block trade which occurred today, the total uptick value was $0.89 million and the total downtick value was $0.42, resulting in an up/down ratio of 2.14. The net money flow for the block trade was calculated to be $0.47 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of GoPro, Inc. rose by 5.7% in the last five trading days and 21.35% for the last 4 weeks. GoPro, Inc. has dropped 17.29% during the last 3-month period . Year-to-Date the stock performance stands at 21.35%. GoPro, Inc. (NASDAQ:GPRO) witnessed a decline in the market cap on Wednesday as its shares dropped 1.67% or 0.18 points. After the session commenced at $10.77, the stock reached the higher end at $10.95 while it hit a low of $10.5. With the volume soaring to 4,350,918 shares, the last trade was called at $10.57. The company has a 52-week high of $17.68. The company has a market cap of $1,486 million and there are 140,565,380 shares in outstanding. The 52-week low of the share price is $8.54.

Company has reported several Insider transactions to the SEC, on Dec 8, 2016, Anthony John Bates (President) sold 23,598 shares at 9.62 per share price.On Nov 16, 2016, Brian Mcgee (Chief Financial Officer) sold 4,497 shares at 10.32 per share price.On Sep 1, 2016, Michael E Marks (director) sold 264 shares at 14.94 per share price.

GoPro Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $-0.60 EPS for the quarter, missing the analyst consensus estimate by $ -0.26. Analyst had a consensus of $-0.34. The company had revenue of $240.56 million for the quarter, compared to analysts expectations of $312.73 million. The companys revenue was down -39.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.GoPro Inc was Downgraded by Longbow to Underperform on Jan 6, 2017. GoPro Inc was Downgraded by Raymond James to Mkt Perform on Nov 9, 2016. GoPro Inc was Downgraded by Wedbush on Nov 9, 2016 to Neutral, Lowers Price Target to $ 9 from a previous price target of $12 .GoPro Inc was Downgraded by Dougherty & Company on Nov 9, 2016 to Sell, Price Target of the shares are set at $6.GoPro Inc was Downgraded by BofA/Merrill to Underperform on Nov 7, 2016.

GoPro, Inc. engages in producing wearable HD camcorders, known as action cameras and related accessories. It also curates videos shot on its cameras and broadcasts those videos on its own channel on YouTube, Xbox Live and Virgin Atlantic flights. The company offers HERO line of cameras; premium accessories; and mounts comprising equipment-based mounts. It also offers other accessories that include spare batteries, charging accessories, cables to connect its GoPro cameras to televisions and monitors, video transmitters, external microphones, flotation devices, dive filters, and anti-fogging solutions, as well as accessories for the Wi-Fi remotes. GoPro, Inc. is headquartered in San Mateo, California.

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