GPRO’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -28.11%.However, over the last six months, we can see a stronger performance of -10.50%. Over the last 30 days, the price of GPRO has fallen by 25.17%. And in the last five days, it has surged by 13.29%.

GoPro Inc. (GPRO) currently has a stock price of $3.58. The stock saw a sharp increase in the last trading session, hitting a high of $3.64 after opening at $3.43. The lowest recorded price for the day was $3.3737 before it closed at $3.43.

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The stock market performance of GoPro Inc. has been fairly unsteady. Over the last year, the company’s stock hit its highest at $6.57 on 02/02/23, while the lowest price during the same time frame was $2.41, recorded on 10/30/23.

52-week price history of GPRO Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. GoPro Inc.’s current trading price is -45.51% away from its 52-week high, while its distance from the 52-week low is 48.55%. The stock’s price range for this period has been between $2.41 and $6.57. The Technology sector company’s shares saw a trading volume of about 3.23 million for the day, which was higher than the average daily volume of 1.43 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

GoPro Inc. (GPRO) has experienced a quarterly decline of -2.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 544.30M and boasts a workforce of 877 employees.

Expert Opinions: Analysts’ Ratings for GoPro Inc.

As of right now, 1 analyst is rating GoPro Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.49, with a change in price of -0.49. Similarly, GoPro Inc. recorded 1,409,538 in trading volume during the last 100 days, posting a change of -12.04%.

GPRO’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for GPRO stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.30.

GPRO Stock Stochastic Average

As of today, the raw stochastic average of GoPro Inc. over the past 50 days is 95.12%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 95.12%. Additionally, the Stochastic %K and %D values for the company were 94.49% and 86.75%, respectively, over the past 20 days.

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