Currently, there are 278.18M common shares owned by the public and among those 176.71M shares have been available to trade.
The company’s stock has a 5-day price change of 0.99% and -20.37% over the past three months. GGR shares are trading -6.36% year to date (YTD), with the 12-month market performance down to -78.92% lower. It has a 12-month low price of $0.40 and touched a high of $2.27 over the same period. GGR has an average intraday trading volume of 918.36K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.86%, -10.17%, and -55.68% respectively.
Institutional ownership of Gogoro Inc (NASDAQ: GGR) shares accounts for 10.04% of the company’s 278.18M shares outstanding.
It has a market capitalization of $130.16M and a beta (3y monthly) value of 0.81. The earnings-per-share (ttm) stands at -$0.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.03% over the week and 5.89% over the month.
Earnings per share for the fiscal year are expected to increase by 23.17%, and 8.86% over the next financial year.
Looking at the support for the GGR, a number of firms have released research notes about the stock. Citigroup stated their Neutral rating for the stock in a research note on November 15, 2024, with the firm’s price target at $2.30-$0.50. JP Morgan was of a view on December 13, 2023 that the stock is Neutral, while JP Morgan gave the stock Underweight rating on September 20, 2022, issuing a price target of $4.30. Citigroup on their part issued Buy rating on June 09, 2022.
