Gogoro Inc. (NASDAQ:GGR) went up by 11.03% from its latest closing price compared to the recent 1-year high of $17.59. The company’s stock price has collected 26.36% of gains in the last five trading sessions.
Is It Worth Investing in Gogoro Inc. (NASDAQ :GGR) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for Gogoro Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $12.30, which is $5.86 above the current price. Today, the average trading volume of GGR was 687.08K shares.
GGR’s Market Performance
GGR stocks went up by 26.36% for the week, with a monthly jump of 25.27% and a quarterly performance of -41.77%, while its annual performance rate touched -40.21%. The volatility ratio for the week stands at 9.78% while the volatility levels for the past 30 days are set at 9.97% for Gogoro Inc.. The simple moving average for the period of the last 20 days is 25.73% for GGR stocks with a simple moving average of -28.93% for the last 200 days.
Analysts’ Opinion of GGR
Many brokerage firms have already submitted their reports for GGR stocks, with Citigroup repeating the rating for GGR by listing it as a “Buy.” The predicted price for GGR in the upcoming period, according to Citigroup is $8.60 based on the research report published on June 09th of the current year 2022.
GGR Trading at 5.22% from the 50-Day Moving Average
After a stumble in the market that brought GGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.39% of loss for the given period.
Volatility was left at 9.97%, however, over the last 30 days, the volatility rate increased by 9.78%, as shares surge +57.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.02% lower at present.
During the last 5 trading sessions, GGR rose by +22.43%, in comparison to the 20-day moving average, which settled at $5.24. In addition, Gogoro Inc. saw -41.30% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GGR
Current profitability levels for the company are sitting at:
- -15.66 for the present operating margin
- +14.00 for the gross margin
The net margin for Gogoro Inc. stands at -18.40. Equity return is now at value -3.20, with -2.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.