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GoPro (GPRO) Shows Strength: Stock Adds 7.2% in Session


GoPro, Inc. GPRO was a big mover last session, as the company saw its shares rise above 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session after the company recently unveiled its new products, namely Hero 5 action cameras and Karma flying-camera drone. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.80 to $15.51 in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

GoPro currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.



A better-ranked stock from the broader Consumer Discretionary sector is American Woodmark Corp. AMWD, which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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