Stock Surge: Gogoro Inc (GGR) Closes at 0.47, Marking a -5.31 Increase/Decrease

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In the latest session, Gogoro Inc (NASDAQ: GGR) closed at $0.47 down -5.31% from its previous closing price of $0.50. In other words, the price has decreased by -$5.31 from its previous closing price. On the day, 3.03 million shares were traded. GGR stock price reached its highest trading level at $0.51 during the session, while it also had its lowest trading level at $0.4402.

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 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:

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 149893904 and an Enterprise Value of 338958080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 1.015 whereas that against EBITDA is -49.774.

Stock Price History:

Over the past 52 weeks, GGR has reached a high of $2.87, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is -42.45%, while the 200-Day Moving Average is calculated to be -67.12%.

Shares Statistics:

For the past three months, GGR has traded an average of 1.40M shares per day and 1360510 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 12.41% stake in the company. Shares short for GGR as of 1728950400 were 2921293 with a Short Ratio of 2.09, compared to 1726185600 on 2897809. Therefore, it implies a Short% of Shares Outstanding of 2921293 and a Short% of Float of 1.4099999.

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