Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Gogoro Inc (NASDAQ: GGR) closed at $0.36 down -4.86% from its previous closing price of $0.38. In other words, the price has decreased by -$4.86 from its previous closing price. On the day, 0.59 million shares were traded. GGR stock price reached its highest trading level at $0.3798 during the session, while it also had its lowest trading level at $0.359.
Ratios:
For a deeper understanding of Gogoro Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 2.23 whereas as Long-Term Debt/Eq ratio is at 1.58.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 106223760 and an Enterprise Value of 381938592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 1.23 whereas that against EBITDA is -8.586.
Stock Price History:
The Beta on a monthly basis for GGR is 0.78, which has changed by -0.7763975 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, GGR has reached a high of $2.02, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is -18.07%, while the 200-Day Moving Average is calculated to be -56.87%.
Shares Statistics:
For the past three months, GGR has traded an average of 552.25K shares per day and 484560 over the past ten days. A total of 295.07M shares are outstanding, with a floating share count of 193.59M. Insiders hold about 34.39% of the company’s shares, while institutions hold 6.58% stake in the company. Shares short for GGR as of 1740700800 were 1978291 with a Short Ratio of 3.58, compared to 1738281600 on 3003704. Therefore, it implies a Short% of Shares Outstanding of 1978291 and a Short% of Float of 0.9599999499999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
