GoPro, Inc. s in-depth stock price analysis indicates that the stock price has dropped -11.18% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -39.54% . Looking at the past 52 week period, the stock price is down -13.68% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of GoPro, Inc. has a negative value of -27.17 compared to overall market performance. GoPro, Inc. (NASDAQ:GPRO) has tumbled 7.1% during the past week and has dropped 3.99% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 7.85%. GoPro, Inc. (NASDAQ:GPRO) has underperformed the index by 5.71% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
GoPro, Inc. (NASDAQ:GPRO) : On Friday heightened volatility was witnessed in GoPro, Inc. (NASDAQ:GPRO) which led to swings in the share price. The stock opened for trading at $8.83 and hit $8.9 on the upside , eventually ending the session at $8.9, with a gain of 1.83% or 0.16 points. The heightened volatility saw the trading volume jump to 3,300,076 shares. The 52-week high of the share price is $17.68 and the company has a market cap of $1,251 million. The 52-week low of the share price is at $8.54 .
GoPro Inc Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.24. The company had revenue of $540.62 million for the quarter, compared to analysts expectations of $576.06 million. The companys revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.08 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.GoPro Inc was Downgraded by Raymond James to Underperform on Feb 3, 2017. GoPro Inc was Downgraded by Robert W. Baird on Feb 3, 2017 to Underperform, Lowers Price Target to $ 6 from a previous price target of $10 .GoPro Inc was Reiterated by Dougherty & Company on Feb 3, 2017 to Sell, Lowers Price Target to $ 5 from a previous price target of $6 .GoPro Inc was Downgraded by Longbow to Underperform on Jan 6, 2017.
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. 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.