Gogoro Inc (NASDAQ: GGR) is -73.25% lower on its value in year-to-date trading and has touched a low of $0.75 and a high of $2.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GGR stock was last observed hovering at around $0.76 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $0.69, the stock is -38.29% and -47.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing -9.19% at the moment leaves the stock -59.44% off its SMA200. GGR registered -73.76% loss for a year compared to 6-month loss of -57.14%.
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 stock witnessed a -48.11% gain in the last 1 month and extending the period to 3 months gives it a -48.88%, and is -33.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.67% over the week and 7.26% over the month.
Gogoro Inc (GGR) has around 2000 employees, a market worth around $191.97M and $333.94M in sales. Profit margin for the company is -19.11%. Distance from 52-week low is -7.99% and -76.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.81%).
The EPS is expected to shrink by -0.27% this year
The shares outstanding are 245.72M, and float is at 176.71M with Short Float at 1.66%.
The top institutional shareholder in the company is GENERATION INVESTMENT MANAGEMENT LLP with over 8.5 million shares valued at $13.09 million. The investor’s holdings represent 3.6036 of the GGR Shares outstanding. As of 2024-06-30, the second largest holder is TEMASEK HOLDINGS (PRIVATE) LTD with 6.89 million shares valued at $10.62 million to account for 2.9214 of the shares outstanding. The other top investors are INVESCO LTD. which holds 3.49 million shares representing 1.4794 and valued at over $5.38 million, while SENATOR INVESTMENT GROUP LP holds 0.5722 of the shares totaling 1.35 million with a market value of $2.08 million.
