GoPro Inc (GPRO) is -10.03% away from 50-day simple Moving Average despite all headwinds

On Tuesday, GoPro Inc (NASDAQ: GPRO) opened lower -4.80% from the last session, before settling in for the closing price of $1.25. Price fluctuations for GPRO have ranged from $1.12 to $3.80 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -1.00%. Company’s average yearly earnings per share was noted -1120.60% at the time writing. With a float of $124.64 million, this company’s outstanding shares have now reached $154.12 million.

The extent of productivity of a business whose workforce counts for 930 workers is very important to gauge. In terms of profitability, gross margin is 34.0%, operating margin of -11.01%, and the pretax margin is -11.04%.

GoPro Inc (GPRO) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Consumer Electronics industry is another important factor to consider. The insider ownership of GoPro Inc is 19.13%, while institutional ownership is 44.46%. The most recent insider transaction that took place on Nov 14 ’24, was worth 276,288. In this transaction Director of this company sold 219,120 shares at a rate of $1.26, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director sold 61,268 for $1.35, making the entire transaction worth $82,804. This insider now owns 219,120 shares in total.

GoPro Inc (GPRO) Latest Financial update

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.02 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.03) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1120.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 15.00% growth over the previous five years of trading.

GoPro Inc (NASDAQ: GPRO) Trading Performance Indicators

Check out the current performance indicators for GoPro Inc (GPRO). In the past quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.63, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.14 in one year’s time.

Technical Analysis of GoPro Inc (GPRO)

The latest stats from [GoPro Inc, GPRO] show that its last 5-days average volume of 2.26 million was superior to 1.74 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.79%. Additionally, its Average True Range was 0.09.

During the past 100 days, GoPro Inc’s (GPRO) raw stochastic average was set at 10.94%, which indicates a significant decrease from 12.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.01% in the past 14 days, which was higher than the 69.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.3226, while its 200-day Moving Average is $1.6021. Now, the first resistance to watch is $1.2333. This is followed by the second major resistance level at $1.2767. The third major resistance level sits at $1.3033. If the price goes on to break the first support level at $1.1633, it is likely to go to the next support level at $1.1367. The third support level lies at $1.0933 if the price breaches the second support level.

GoPro Inc (NASDAQ: GPRO) Key Stats

There are currently 154,761K shares outstanding in the company with a market cap of 187.31 million. Presently, the company’s annual sales total 1,005 M according to its annual income of -53,180 K. Last quarter, the company’s sales amounted to 258,900 K and its income totaled -8,210 K.