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The closing price of Gogoro Inc (NASDAQ: GGR) was $0.51 for the day, down -3.70% from the previous closing price of $0.53. In other words, the price has decreased by -$3.70 from its previous closing price. On the day, 1.5 million shares were traded. GGR stock price reached its highest trading level at $0.5558 during the session, while it also had its lowest trading level at $0.505.
Ratios:
Our analysis of GGR’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 150601680 and an Enterprise Value of 348819456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 1.045 whereas that against EBITDA is -51.222.
Stock Price History:
Over the past 52 weeks, GGR has reached a high of $2.97, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is -54.75%, while the 200-Day Moving Average is calculated to be -68.42%.
Shares Statistics:
GGR traded an average of 759.88K shares per day over the past three months and 3359510 shares per day over the past ten days. 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 12.42% stake in the company. Shares short for GGR as of 1726185600 were 2897809 with a Short Ratio of 3.81, compared to 1723680000 on 2837560. Therefore, it implies a Short% of Shares Outstanding of 2897809 and a Short% of Float of 1.39999995.
