The stock of Gogoro Inc (GGR) has gone down by -20.01% for the week, with a -39.79% drop in the past month and a -69.26% drop in the past quarter. The volatility ratio for the week is 6.23%, and the volatility levels for the past 30 days are 7.86% for GGR. The simple moving average for the past 20 days is -22.33% for GGR’s stock, with a -70.37% simple moving average for the past 200 days.
Is It Worth Investing in Gogoro Inc (NASDAQ: GGR) Right Now?
The stock has a 36-month beta value of 0.60. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for GGR is 176.71M, and at present, short sellers hold a 1.65% of that float. On November 06, 2024, the average trading volume of GGR was 1.53M shares.
GGR) stock’s latest price update
Gogoro Inc (NASDAQ: GGR) has experienced a decline in its stock price by -6.36 compared to its previous closing price of 0.43. However, the company has seen a fall of -20.01% in its stock price over the last five trading days. accesswire.com reported 2024-11-04 that NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Gogoro Inc. (“Gogoro” or the “Company”) (NASDAQ:GGR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Analysts’ Opinion of GGR
JP Morgan gave a rating of “Underweight” to GGR, setting the target price at $4.30 in the report published on September 20th of the previous year.
GGR Trading at -41.27% 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 -85.52% of loss for the given period.
Volatility was left at 7.86%, however, over the last 30 days, the volatility rate increased by 6.23%, as shares sank -37.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -66.22% lower at present.
During the last 5 trading sessions, GGR fell by -20.14%, which changed the moving average for the period of 200-days by -81.89% in comparison to the 20-day moving average, which settled at $0.5184. In addition, Gogoro Inc saw -84.39% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GGR starting from Peng Ming-I, who proposed sale 12,826 shares at the price of $1.10 back on Sep 10 ’24. After this action, Peng Ming-I now owns shares of Gogoro Inc, valued at $14,109 using the latest closing price.
Peng Ming-I, the Officer of Gogoro Inc, proposed sale 133,923 shares at $1.31 during a trade that took place back on Aug 13 ’24, which means that Peng Ming-I is holding shares at $175,439 based on the most recent closing price.
Stock Fundamentals for GGR
Current profitability levels for the company are sitting at:
- -0.28 for the present operating margin
- 0.11 for the gross margin
The net margin for Gogoro Inc stands at -0.19. The total capital return value is set at -0.15. Equity return is now at value -24.22, with -7.70 for asset returns.
Based on Gogoro Inc (GGR), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 1.52. The interest coverage ratio of the stock is -9.13.
Currently, EBITDA for the company is 13.03 million with net debt to EBITDA at 8.72. When we switch over and look at the enterprise to sales, we see a ratio of 1.0. The receivables turnover for the company is 16.26for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.
Conclusion
To sum up, Gogoro Inc (GGR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
