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In the latest session, Gogoro Inc (NASDAQ: GGR) closed at $1.10 down -6.78% from its previous closing price of $1.18. In other words, the price has decreased by -$6.78 from its previous closing price. On the day, 0.27 million shares were traded. GGR stock price reached its highest trading level at $1.185 during the session, while it also had its lowest trading level at $1.1.
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 Aug 13 ’24 when Peng Ming-I bought 133,923 shares for $1.31 per share.
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 324572576 and an Enterprise Value of 494176512. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 1.48 whereas that against EBITDA is -72.566.
Stock Price History:
Over the past 52 weeks, GGR has reached a high of $3.09, while it has fallen to a 52-week low of $1.07. The 50-Day Moving Average of the stock is -22.43%, while the 200-Day Moving Average is calculated to be -38.79%.
Shares Statistics:
For the past three months, GGR has traded an average of 245.36K shares per day and 248390 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 12.42% stake in the company. Shares short for GGR as of 1723680000 were 2837560 with a Short Ratio of 11.56, compared to 1721001600 on 2359739. Therefore, it implies a Short% of Shares Outstanding of 2837560 and a Short% of Float of 1.37.
