MACD Oscillator Analysis for Gogo Inc. (NASDAQ:GOGO)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Gogo Inc. (NASDAQ:GOGO) for the period of 9-Day stands at 50.14% while the stochastic %D for the same period stands at 47.13%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Gogo Inc. (NASDAQ:GOGO) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Gogo Inc. (NASDAQ:GOGO) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Gogo Inc. (NASDAQ:GOGO)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Gogo is the leading provider of in-flight connectivity and wireless entertainment solutions for the global aviation industry. They currently provide services on approximately 9,600 aircraft, which represents more than 20% of the world’s total commercial and business jet aircraft. Gogo has partnerships with 14 commercial airlines and is installed on more than 2,500 commercial aircraft. Nearly 7,000 business aircraft are also flying with its solutions, including the world’s largest fractional ownership fleets. Gogo also is a factory option at every major business aircraft manufacturer. Gogo is headquartered in Chicago, IL, with additional facilities in Broomfield, CO, and various locations overseas.

Previous Day Activity Analysis

On the last trading day, Gogo Inc. (NASDAQ:GOGO) opened the session at $9.64 and after going up 0.41% closed at $9.76. The stock gained 0.12 points in the last trade.

Gogo Inc. (NASDAQ:GOGO)’s stock fluctuated in the range of $9.52 and $9.91 during the previous active session. Gogo Inc. (NASDAQ:GOGO) traded with the volume of 1.26 Million with average volume of 1.18 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.63 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.48 and 36.84 respectively.

Currently the Insider Ownership of the shares of Gogo Inc. (NASDAQ:GOGO) is at 0.7% and the shares outstanding are 86.77 Million.

Important Ratio Analysis

Some important ratios to consider here for Gogo Inc. (NASDAQ:GOGO) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 1.26 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 2.23 and 73.01 correspondingly.

The Quick Ratio of Gogo Inc. (NASDAQ:GOGO) stands at 1.8 while the Current Ratio depicts the value of 2.

Return on Assets ROA of Gogo Inc. (NASDAQ:GOGO) is at -11.3% whereas, Return on Equity ROE and Return of Investment ROI of Gogo Inc. (NASDAQ:GOGO) stand at 225.4% and -5.7% respectively.

Stock Performance Analysis

The stock performance of Gogo Inc. (NASDAQ:GOGO) on the basis of 5 day trade show the jump of 10.28% whereas, the monthly performance of the stock shows decrease of -12.47%.

The quarterly performance of the stock remained in red zone with the value of -23.57% while six month performance of the shares of Gogo Inc. (NASDAQ:GOGO) remained bearish with the count of -26%.

The yearly and YTD performance of Gogo Inc. (NASDAQ:GOGO) remained up at 6.43% and 5.86% respectively.