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After finishing at $0.59 in the prior trading day, Gogoro Inc (NASDAQ: GGR) closed at $0.55, down -5.71%. In other words, the price has decreased by -$5.71 from its previous closing price. On the day, 0.61 million shares were traded. GGR stock price reached its highest trading level at $0.5966 during the session, while it also had its lowest trading level at $0.55.
Ratios:
Our goal is to gain a better understanding of GGR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 1.59 whereas as Long-Term Debt/Eq ratio is at 1.23.
On September 20, 2022, JP Morgan started tracking the stock assigning a Underweight rating and target price of $4.30.JP Morgan initiated its Underweight rating on September 20, 2022, with a $4.30 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 10 ’24 when Peng Ming-I bought 12,826 shares for $1.10 per share.
Peng Ming-I bought 133,923 shares of GGR for $175,439 on Aug 13 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GGR now has a Market Capitalization of 163584592 and an Enterprise Value of 367950592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 1.102 whereas that against EBITDA is -54.031.
Stock Price History:
Over the past 52 weeks, GGR has reached a high of $2.87, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is -35.92%, while the 200-Day Moving Average is calculated to be -62.02%.
Shares Statistics:
The stock has traded on average 1.33M shares per day over the past 3-months and 1722170 shares per day over the last 10 days, according to various share statistics. A total of 245.72M shares are outstanding, with a floating share count of 176.71M. Insiders hold about 36.48% of the company’s shares, while institutions hold 12.41% stake in the company. Shares short for GGR as of 1727654400 were 3359511 with a Short Ratio of 2.53, compared to 1724976000 on 2934974. Therefore, it implies a Short% of Shares Outstanding of 3359511 and a Short% of Float of 1.6199999999999999.
