In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Gogoro Inc (NASDAQ: GGR) closed at $0.36 in the last session, down -5.76% from day before closing price of $0.38. In other words, the price has decreased by -$5.76 from its previous closing price. On the day, 2.2 million shares were traded. GGR stock price reached its highest trading level at $0.434 during the session, while it also had its lowest trading level at $0.3551.
Ratios:
We take a closer look at GGR’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 106770104 and an Enterprise Value of 382802272. 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 0.60. Its current Enterprise Value per Revenue stands at 1.232 whereas that against EBITDA is -16.954.
Stock Price History:
The Beta on a monthly basis for GGR is 0.72, which has changed by -0.7468531 over the last 52 weeks, in comparison to a change of 0.05279863 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 $0.19. The 50-Day Moving Average of the stock is -2.22%, while the 200-Day Moving Average is calculated to be -48.64%.
Shares Statistics:
According to the various share statistics, GGR traded on average about 736.86K shares per day over the past 3-months and 2097930 shares per day over the past 10 days. 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. Shares short for GGR as of 1743379200 were 2129156 with a Short Ratio of 2.89, compared to 1740700800 on 1978291. Therefore, it implies a Short% of Shares Outstanding of 2129156 and a Short% of Float of 1.15.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
