GoPro (NASDAQ:GPRO) has climbed 3.8% in the past week and advanced 16.39% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.05% and the outperformance has advanced to 15.33% for the last 4 weeks period.
GoPro (NASDAQ:GPRO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.88 and $9.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.65, notching a gain of 8.23% for the day. The total traded volume was 8,843,150 . The stock had closed at $9.84 on the previous day.
The company shares have dropped -80.61% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $65.49 and the one year low was seen on May 19, 2016. The 50-Day Moving Average price is $10.17 and the 200 Day Moving Average price is recorded at $12.85.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Bates Anthony John, director officer (President) of Gopro, Inc., had unloaded 9,704 shares at an average price of $10.79 in a transaction dated on June 6, 2016. The total value of the transaction was worth $104,706.
Many analysts have stated their opinion on the company shares. Longbow Research initiates coverage on GoPro (NASDAQ:GPRO). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on June 14, 2016. Currently the company Insiders own 28.69% of GoPro shares according to the proxy statements. Institutional Investors own 24.71% of GoPro shares. During last six month period, the net percent change held by insiders has seen a change of -4.42%.
GoPro, Inc. produces mountable and wearable cameras and accessories, which the Company refers to as capture devices. Additionally, the Company develops and provides desktop editing software and mobile applications for free to consumers. The Company offers HERO line of capture devices, which include HERO2, HERO3 camera, the HERO3+ camera and the HERO4 and HERO. The Company also provides a selection of mounts designed to enable consumers to capture content while engaged in a range of activities. This includes equipment-based mounts, such as the helmet, handlebar, roll bar, as well as grip and tripod mounts. The Company also offers two software applications: GoPro Studio and GoPro App. GoPro Studio is a video editing tool that allows users to create videos from their GoPro content. The GoPro App allows users to control their GoPro cameras remotely using a smartphone or tablet. Its capture devices are sold through retailers, wholesale distributors and on the Companys Website.