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 $0.22 in the prior trading day, Gogoro Inc (NASDAQ: GGR) closed at $0.21, down -8.63%. In other words, the price has decreased by -$8.63 from its previous closing price. On the day, 0.59 million shares were traded. GGR stock price reached its highest trading level at $0.225 during the session, while it also had its lowest trading level at $0.203.
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:
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 60695040 and an Enterprise Value of 347537088. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 1.119 whereas that against EBITDA is -15.392.
Stock Price History:
The Beta on a monthly basis for GGR is 0.95, which has changed by -0.8728395 over the last 52 weeks, in comparison to a change of -0.034466684 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 $0.22. The 50-Day Moving Average of the stock is -46.77%, while the 200-Day Moving Average is calculated to be -72.29%.
Shares Statistics:
The stock has traded on average 514.86K shares per day over the past 3-months and 691910 shares per day over the last 10 days, according to various share 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. Shares short for GGR as of 1741910400 were 2040944 with a Short Ratio of 3.96, compared to 1739491200 on 2880174. Therefore, it implies a Short% of Shares Outstanding of 2040944 and a Short% of Float of 0.9900000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
