Gogo Inc (GOGO) concluded trading on Thursday at a closing price of $12.81, with 4.4 million shares of worth about $56.32 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 64.65% during that period and on May 22, 2025 the price saw a gain of about 5.69%. Currently the company’s common shares owned by public are about 131.76M shares, out of which, 63.74M shares are available for trading.
Stock saw a price change of 5.00% in past 5 days and over the past one month there was a price change of 83.79%. Year-to-date (YTD), GOGO shares are showing a performance of 58.34% which increased to 18.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.17 but also hit the highest price of $12.90 during that period. The average intraday trading volume for Gogo Inc shares is 1.93 million. The stock is currently trading 29.52% above its 20-day simple moving average (SMA20), while that difference is up 51.18% for SMA50 and it goes to 64.31% higher than SMA200.
Gogo Inc (NASDAQ: GOGO) currently have 131.76M outstanding shares and institutions hold larger chunk of about 57.96% of that.
The stock has a current market capitalization of $1.69B and its 3Y-monthly beta is at 1.02. It has posted earnings per share of -$0.04 in the same period. It has Quick Ratio of 1.36 while making debt-to-equity ratio of 11.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GOGO, volatility over the week remained 3.53% while standing at 8.87% over the month.
Analysts are in expectations that Gogo Inc (GOGO) stock would likely to be making an EPS of 0.18 in the current quarter, while forecast for next quarter EPS is 0.14 and it is 1.1 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.18 which is 0.18 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.1 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 353.33% while it is estimated to increase by 63.97% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on February 29, 2024 offering a Neutral rating for the stock and assigned a target price range of between $15 and $11 to it. Coverage by Morgan Stanley stated Gogo Inc (GOGO) stock as an Equal-weight in their note to investors on November 01, 2022, suggesting a price target of $15 for the stock. On October 07, 2021, JP Morgan Upgrade their recommendations, while on October 06, 2021, Morgan Stanley Downgrade their ratings for the stock with a price target of $14. Stock get an Outperform rating from Cowen on April 08, 2021.
