Are Things Looking Up For Gogo Inc (NASDAQ: GOGO)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Telecom Services industry segment. The current market capitalization of Gogo Inc is $919.12M. A total of 1.14 million shares were traded on the day, compared to an average of 930.61K shares.

In the most recent transaction, TOWNSEND CHARLES C bought 28,857 shares of GOGO for 9.03 per share on Mar 14 ’24. After the transaction, the Director now owns 1,740,588 company shares. In a previous transaction on Feb 29 ’24, WILLIAMS HARRIS N bought 12,000 shares at 8.10 per share. GOGO shares that Director owns now total 20,990.

Among the insiders who bought shares, TOWNSEND CHARLES C acquired of 186,249 shares on Mar 01 ’24 at a per-share price of $8.41. This resulted in the Director holding 1,711,731 shares of GOGO after the transaction. In another insider transaction, TOWNSEND CHARLES C bought 103,405 shares at $8.17 per share on Feb 29 ’24. Company shares held by the Director now total 1,525,482.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, GOGO has a high of $12.15 and a low of $6.61.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GOGO’s latest balance sheet shows that the firm has $145.91M in Cash & Short Term Investments as of fiscal 2021. There were $889.15M in debt and $188.52M in liabilities at the time. Its Book Value Per Share was $0.41, while its Total Shareholder’s Equity was -$320.15M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GOGO is Buy with a score of 3.80.

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