GoPro (GPRO) has risen sharply, recording gains of 16.46% in the past 4 weeks. However, the stock has corrected -2.65% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 16.7% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.5% and the fifty day Moving Average is 17.91%. GoPro, Inc. is up 44.31% in the last three month period. Year-to-Date the stock performance stands at -18.27%.
GoPro (GPRO) stock is expected to deviate a maximum of $4.61 from the average target price of $13.3 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $21 and the most muted being $7.
GoPro (NASDAQ:GPRO): On Fridays trading session , Opening price of the stock was $14.9 with an intraday high of $15.18. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $14.51. However, the stock managed to close at $14.72, a loss of 1.14% for the day. On the previous day, the stock had closed at $14.89. The total traded volume of the day was 4,452,581 shares.
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.