GoPro (NASDAQ:GPRO - Get Free Report) issued its earnings results on Monday. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.04), Zacks reports. GoPro had a negative net margin of 53.94% and a negative return on equity of 55.77%.
GoPro Stock Up 0.1%
Shares of NASDAQ:GPRO traded up $0.00 during trading on Monday, reaching $0.62. 3,106,819 shares of the company traded hands, compared to its average volume of 2,458,887. The firm has a market cap of $96.96 million, a P/E ratio of -0.22 and a beta of 1.39. The firm has a fifty day simple moving average of $0.62 and a 200 day simple moving average of $0.94. The company has a quick ratio of 0.87, a current ratio of 1.32 and a debt-to-equity ratio of 0.51. GoPro has a 1-year low of $0.40 and a 1-year high of $1.85.
Wall Street Analyst Weigh In
Several brokerages have commented on GPRO. Wedbush restated a "neutral" rating and issued a $1.50 price target on shares of GoPro in a research note on Friday, January 31st. StockNews.com began coverage on shares of GoPro in a research note on Tuesday, April 29th. They issued a "sell" rating on the stock.
Check Out Our Latest Research Report on GoPro
GoPro Company Profile
(
Get Free Report)
GoPro, Inc develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.
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