Shares of Gogo Inc. (NASDAQ:GOGO) traded at a new 52-week high today of $13.43. So far today approximately 7.2 million shares have been exchanged, as compared to an average 30-day volume of 3.2 million shares.
Gogo Inc. (NASDAQ:GOGO) defies analysts with a current price ($12.48) 50.7% above its average consensus price target of $6.15.
Gogo Inc is a US-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.
In the past 52 weeks, shares of Gogo Inc. have traded between a low of $1.33 and a high of $13.43 and is now at $12.48, which is 838% above that low price.
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