The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $0.26 in the prior trading day, Gogoro Inc (NASDAQ: GGR) closed at $0.26, up 0.04%. In other words, the price has increased by $0.04 from its previous closing price. On the day, 0.64 million shares were traded.
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 0.70 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 2.23 whereas as Long-Term Debt/Eq ratio is at 1.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on November 15, 2024, Downgraded its rating to Neutral and sets its target price to $0.50 from $2.30 previously.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.44.
Stock Price History:
Over the past 52 weeks, GGR has reached a high of $2.02, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is -24.99%, while the 200-Day Moving Average is calculated to be -60.96%.
Shares Statistics:
A total of 295.35M shares are outstanding, with a floating share count of 193.78M. Insiders hold about 34.39% of the company’s shares, while institutions hold 6.58% stake in the company.
