Gogoro Inc (NASDAQ: GGR) is -82.37% lower on its value in year-to-date trading and has touched a low of $0.44 and a high of $2.78 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 $0.44 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.45, the stock is -16.11% and -36.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 2.25% at the moment leaves the stock -66.97% off its SMA200. GGR registered -82.09% loss for a year compared to 6-month loss of -76.31%. The firm has a 50-day simple moving average (SMA 50) of $0.73398 and a 200-day simple moving average (SMA200) of $1.385695.
The stock witnessed a -24.68% gain in the last 1 month and extending the period to 3 months gives it a -63.90%, and is -8.44% 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 5.02% over the week and 8.63% over the month.
Gogoro Inc (GGR) has around 2000 employees, a market worth around $120.68M and $333.94M in sales. Profit margin for the company is -19.11%. Distance from 52-week low is 3.36% and -83.64% 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, but quarterly earnings will post -6.00% year-over-year.
Gogoro Inc (GGR) Top Institutional Holders
The shares outstanding are 245.72M, and float is at 176.71M with Short Float at 1.65%.
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.
Gogoro Inc (GGR) Insider Activity
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