Shares of Gogo Inc. (NASDAQ:GOGO – Get Rating) traded up 4.1% on Wednesday . The company traded as high as $15.83 and last traded at $15.83. 905 shares changed hands during trading, a decline of 100% from the average session volume of 676,767 shares. The stock had previously closed at $15.20.
Analyst Ratings Changes
GOGO has been the topic of a number of research reports. Cowen raised their target price on shares of Gogo to $26.00 in a research report on Monday, August 15th. Morgan Stanley upgraded Gogo from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $14.00 to $15.00 in a research report on Tuesday, November 1st. Finally, StockNews.com raised Gogo from a “sell” rating to a “hold” rating in a research note on Thursday, November 17th.
Gogo Trading Up 4.3 %
The stock has a fifty day moving average of $13.63 and a two-hundred day moving average of $15.69. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 7.55 and a beta of 1.25.
Hedge Funds Weigh In On Gogo
Gogo Company Profile
Gogo Inc, through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. It operates through Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA) segments. The company design, build and operate air-to-ground networks, engineer and maintain in-flight systems of proprietary hardware and software, and deliver customizable connectivity and wireless entertainment services.
- Get a free copy of the StockNews.com research report on Gogo (GOGO)
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