GoPro (GPRO) Shares are Up 8.94%

GoPro (GPRO) : Traders are bullish on GoPro (GPRO) as it has outperformed the S&P 500 by a wide margin of 22.48% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.48%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.94% in the last 1 week, and is up 25.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

GoPro (NASDAQ:GPRO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.59 and $13.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.77, notching a gain of 1.77% for the day. The total traded volume was 7,028,163 . The stock had closed at $13.53 on the previous day.

The stock has recorded a 20-day Moving Average of 14.36% and the 50-Day Moving Average is 23.4%. GoPro, Inc. is up 31.64% in the last 3-month period. Year-to-Date the stock performance stands at -23.54%.

GoPro (GPRO) : Average target price received by GoPro (GPRO) is $12.82 with an expected standard deviation of $4.26. The most aggressive target on the stock is $21, whereas the most downbeat target is $7. 11 financial analysts are currently covering the stock.


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.

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