GoPro Inc (NASDAQ:GPRO) shares traded -7.06% lower at $0.75 on Wall Street last session.
GPRO stock price is now 11.48% away from the 50-day moving average and -22.39% away from the 200-day moving average. The market capitalization of the company currently stands at $120.35M.
With the price target maintained at $2, Wedbush recently Downgraded its rating from Outperform to Neutral for GoPro Inc (NASDAQ: GPRO). On December 12, 2023, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock reducing its target price from $4.20 to quote $3, while ‘Oppenheimer’ rates the stock as ‘Perform’
In other news, Jahnke Dean, SVP, Global Sales, CM, RE sold 6,323 shares of the company’s stock on Feb 19 ’25. The stock was sold for $5,414 at an average price of $0.86. Upon completion of the transaction, the SVP, Global Sales, CM, RE now directly owns 355,529 shares in the company, valued at $0.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Officer DEAN JAHNKE bought 6,323 shares of the business’s stock. A total of $5,414 was incurred on buying the stock at an average price of $0.86. A total of 20.23% of the company’s stock is owned by insiders.
During the past 12 months, GoPro Inc has had a low of $0.40 and a high of $1.76. As of last week, the company has a debt-to-equity ratio of 1.33, a current ratio of 0.88, and a quick ratio of 0.58. The fifty day moving average price for GPRO is $0.67396 and a two-hundred day moving average price translates $0.96802 for the stock.
The latest earnings results from GoPro Inc (NASDAQ: GPRO) was released for 2025-03-31. The net profit margin was -17.93% and return on equity was -83.57% for GPRO. The company reported revenue of $134.31 million for the quarter, compared to $155.47 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.61 percent.
