Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The closing price of Gogoro Inc (NASDAQ: GGR) was $0.47 for the day, up 0.19% from the previous closing price of $0.47. In other words, the price has increased by $0.19 from its previous closing price. On the day, 0.96 million shares were traded.
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 1.02 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 1.66 whereas as Long-Term Debt/Eq ratio is at 1.32.
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:
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.
Stock Price History:
Over the past 52 weeks, GGR has reached a high of $2.03, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -4.55%, while the 200-Day Moving Average is calculated to be -49.68%.
Shares Statistics:
A total of 278.18M shares are outstanding, with a floating share count of 176.71M. Insiders hold about 36.48% of the company’s shares, while institutions hold 6.98% stake in the company.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for GGR’s current fiscal year. The highest revenue estimate was $297.05M, while the lowest revenue estimate was $297.05M, resulting in an average revenue estimate of $297.05M. In the same quarter a year ago, actual revenue was $310.52MBased on 1 analysts’ estimates, the company’s revenue will be $311.9M in the next fiscal year. The high estimate is $311.9M and the low estimate is $311.9M.
