Gogo Inc Stock Price on March 4, 2024
GOGO Stock | USD 8.12 0.16 1.93% |
Below is the normalized historical share price chart for Gogo Inc extending back to June 21, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gogo stands at 8.12, as last reported on the 25th of November, with the highest price reaching 8.21 and the lowest price hitting 7.90 during the day.
If you're considering investing in Gogo Stock, it is important to understand the factors that can impact its price. As of now, Gogo Stock is slightly risky. Gogo Inc holds Efficiency (Sharpe) Ratio of 0.0221, which attests that the entity had a 0.0221% return per unit of risk over the last 3 months. We have found thirty technical indicators for Gogo Inc, which you can use to evaluate the volatility of the firm. Please check out Gogo's Market Risk Adjusted Performance of 0.2036, downside deviation of 3.26, and Risk Adjusted Performance of 0.0486 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Gogo's Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 856.7 M, while Common Stock Shares Outstanding is likely to drop about 98.9 M. . At this time, Gogo's Price Cash Flow Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Fair Value is likely to grow to 33.89, while Price To Sales Ratio is likely to drop 3.14. Gogo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of June 2013 | 200 Day MA 8.5154 | 50 Day MA 7.158 | Beta 1.103 |
Gogo |
Sharpe Ratio = 0.0221
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Cash | Small Risk | Average Risk | GOGO | Huge Risk |
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Estimated Market Risk
4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Gogo is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gogo by adding it to a well-diversified portfolio.
Price Book 19.3712 | Enterprise Value Ebitda 10.3527 | Price Sales 2.5235 | Shares Float 61.5 M | Wall Street Target Price 12.75 |
Gogo Main Headline on 4th of March 2024
Purchase by Harris Williams of 12000 shares of Gogo by Harris Williams
Filed transaction by Gogo Inc director. General open market or private purchase of non-derivative or derivative security
Gogo Valuation on March 4, 2024
It is possible to determine the worth of Gogo on a given historical date. On March 4, 2024 Gogo was worth 8.39 at the beginning of the trading date compared to the closed value of 8.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gogo stock. Still, in general, we apply an absolute valuation method to find Gogo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gogo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gogo's related companies.
Open | High | Low | Close | Volume | |
8.15 | 8.54 | 8.02 | 8.41 | 1,141,832 | |
03/04/2024 | 8.39 | 8.47 | 8.31 | 8.41 | 744,000 |
8.96 | 9.03 | 8.60 | 8.67 | 1,305,941 |
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Gogo Trading Date Momentum on March 4, 2024
On March 05 2024 Gogo Inc was traded for 8.67 at the closing time. The top price for the day was 9.03 and the lowest listed price was 8.60 . The trading volume for the day was 1.3 M. The trading history from March 5, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 3.09% . The overall trading delta against the current closing price is 11.30% . |
Gogo Inc Fundamentals Correlations and Trends
By evaluating Gogo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gogo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gogo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gogo Stock history
Gogo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gogo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gogo Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gogo stock prices may prove useful in developing a viable investing in Gogo
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 133.3 M | 98.9 M | |
Net Income Applicable To Common Shares | 105.7 M | 111 M |
Gogo Quarterly Net Working Capital |
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Gogo Stock Technical Analysis
Gogo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Gogo Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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Gogo November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Gogo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gogo shares will generate the highest return on investment. By undertsting and applying Gogo stock market strength indicators, traders can identify Gogo Inc entry and exit signals to maximize returns
Gogo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gogo's price direction in advance. Along with the technical and fundamental analysis of Gogo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gogo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0486 | |||
Jensen Alpha | 0.0905 | |||
Total Risk Alpha | (0.51) | |||
Sortino Ratio | 0.0367 | |||
Treynor Ratio | 0.1936 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gogo. If investors know Gogo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gogo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share 0.43 | Revenue Per Share 3.139 | Quarterly Revenue Growth 0.026 | Return On Assets 0.0847 |
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gogo's market value can be influenced by many factors that don't directly affect Gogo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.