Do you still think GoPro Inc. (NASDAQ:GPRO) is worth a look?

In yesterday’s Wall Street session, GoPro Inc. (NASDAQ:GPRO) shares traded at $2.93, down -7.28% from the previous session.

GPRO stock price is now -3.98% away from the 50-day moving average and -29.82% away from the 200-day moving average. The market capitalization of the company currently stands at $447.50M.

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In other news, Lafrades Charles, Chief Accounting Officer sold 7,571 shares of the company’s stock on Aug 16. The stock was sold for $27,786 at an average price of $3.67. Upon completion of the transaction, the Chief Accounting Officer now directly owns 105,640 shares in the company, valued at $0.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 16, SVP, Corp/Bus Dev, CLO, Sec Saltman Eve T. sold 4,958 shares of the business’s stock. A total of $18,196 was realized by selling the stock at an average price of $3.67. This leaves the insider owning 219,732 shares of the company worth $0.64 million. Insiders disposed of 669,382 shares of company stock worth roughly $1.96 million over the past 1 year. A total of 19.53% of the company’s stock is owned by insiders.

Thursday morning saw GoPro Inc. (NASDAQ: GPRO) opened at $3.1500. During the past 12 months, GoPro Inc. has had a low of $2.41 and a high of $6.57. As of last week, the company has a debt-to-equity ratio of 0.32, a current ratio of 2.01, and a quick ratio of 1.49. The fifty day moving average price for GPRO is $3.0515 and a two-hundred day moving average price translates $4.1752 for the stock.

The latest earnings results from GoPro Inc. (NASDAQ: GPRO) was released for Sep, 2023. According to the Consumer Electronics Company, earnings per share came in at -$0.07, inline with analysts’ expectations of -$0.07. This compares to $0.10 EPS in the same period last year. The net profit margin was -2.54% and return on equity was -4.57% for GPRO. The company reported revenue of $294.3 million for the quarter, compared to $305.13 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.55 percent. For the current quarter, analysts expect GPRO to generate $281.47M in revenue.

GoPro Inc.(GPRO) Company Profile

GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, HERO9 Black, and HERO8 Black waterproof cameras; MAX, a 360-degree waterproof camera; GoPro, a subscription service that includes full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik app, a mobile app that enable users to get their favorite photos and videos with footage from any phone or camera. It also offers mounts and accessories comprising equipment-based mounts consisting of helmet, handlebar, roll bar, and tripod mounts that enable consumers to wear the mount on their bodies, such as wrist housings, magnetic swivel clips, chest harnesses, and head straps; media, display, and light mods; spare batteries, dive filters, and charging accessories and cables; and lifestyle gears. In addition, the company provides mobile and web applications that provides media workflow for archiving, editing, multi-clip story creation, and sharing content on the fly. GoPro, Inc. markets and sells its products through retailers and wholesale distributors, as well as through its website. The company was formerly known as Woodman Labs, Inc. and changed its name to GoPro, Inc. in February 2014. GoPro, Inc. was founded in 2002 and is headquartered in San Mateo, California.

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