Company Shares of Gogo (NASDAQ:GOGO) Drops by -1.83%

Gogo (NASDAQ:GOGO) : During the past 4 weeks, traders have been relatively bearish on Gogo (NASDAQ:GOGO), hence the stock is down -5.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.07% relative to the S&P 500. The 4-week change in the price of the stock is -4.12% and the stock has fallen -1.83% in the past 1 week.

The company shares have dropped -56.46% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $20.25 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $9.13 and the 200 Day Moving Average price is recorded at $11.55.

The stock has recorded a 20-day Moving Average of 1.47% and the 50-Day Moving Average is 9.04%.


Gogo (NASDAQ:GOGO): stock turned positive on Friday. Though the stock opened at $8.55, the bulls momentum made the stock top out at $8.69 level for the day. The stock recorded a low of $8.23 and closed the trading day at $8.6, in the green by 2.38%. The total traded volume for the day was 1,117,706. The stock had closed at $8.4 in the previous days trading.

In an insider trading activity,The officer (SVP, Quality Assurance) of Gogo Inc., Takhsh Arbela sold 500 shares at $18 on November 24, 2015. The Insider selling transaction had a total value worth of $9,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Gogo Inc. is a holding company. The Company is an aero communications service provider. The Company operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW) and Business Aviation (BA). Its services include global network solutions, which include ATG/ATG-4, Ku/2Ku, Global Xpress and Iridium and SwiftBroadband (SBB); equipment and equipment related services, which include a package of airborne equipment for its ATG/ATG-4 and satellite services; passenger services, which include passenger connectivity, passenger entertainment and portal content; airline/owner/operator services, which include account support, network monitoring and management services, passenger support services and portal design, development and hosting, and operations-oriented communications services, which include providing commercial airlines and business aircraft owners and operators the access to use applications requiring connectivity.

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