Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Gogo Inc (NASDAQ: GOGO) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Gogo Inc (NASDAQ: GOGO) stock closed at $7.85 on 1/17/25 after an increase of 1.7%. However, trading volume in this advance was below average at 67% of normal. The stock has risen 3.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Gogo has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Gogo has a neutral Appreciation Score of 48 and a slightly negative Power Rating of 39, resulting in the Negative Value Trend Rating.
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