GoPro (GPRO) : Traders are bullish on GoPro (GPRO) as it has outperformed the S&P 500 by a wide margin of 0.99% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 15.8%, relative to the S&P 500. The stock has risen by 16.42% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.06% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 4.36% and the 50-Day Moving Average is 11.69%.The 200 Day SMA reached 16.3% GoPro, Inc. is up 40.47% in the last 3-month period. Year-to-Date the stock performance stands at -16.94%.
GoPro (GPRO) : The most positive equity analysts on GoPro (GPRO) expects the shares to touch $21, whereas, the least positive believes that the stock will trade at $7 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $13.11 with an expected fluctuation of $4.85 from the mean.
Company shares have received an average consensus rating of Hold for the current week GoPro (NASDAQ:GPRO): The stock opened at $14.66 and touched an intraday high of $15.07 on Friday. During the day, the stock corrected to an intraday low of $14.51, however, the bulls stepped in and pushed the price higher to close in the green at $14.96 with a gain of 5.65% for the day. The total traded volume for the day was 17,463,525. The stock had closed at $14.96 in the previous trading session.
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.