Gogoro Inc (NASDAQ: GGR) Has Decreased By -80.89 Percent This Year. Is It A Better Buy Than Others?

Gogoro Inc (NASDAQ:GGR)’s traded shares stood at 1.67 million during the last session, with the company’s beta value hitting 0.59. At the close of trading, the stock’s price was $0.50, to imply a decrease of -2.20% or -$0.01 in intraday trading. The GGR share’s 52-week high remains $2.87, putting it -474.0% down since that peak but still an impressive 4.0% since price per share fell to its 52-week low of $0.48. The company has a valuation of $138.20M, with an average of 1.24 million shares in intraday trading volume over the past 10 days and average of 1.37 million shares over the past 3 months.

Gogoro Inc (NASDAQ:GGR) trade information

After registering a -2.20% downside in the last session, Gogoro Inc (GGR) has traded red over the past five days. The 5-day price performance for the stock is -15.02%, and -15.80% over 30 days. With these gigs, the year-to-date price performance is -80.74%. Short interest in Gogoro Inc (NASDAQ:GGR) saw shorts transact 3.36 million shares and set a 1.86 days time to cover.

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 extremes give us $6 and $6 for target low and target high price respectively. As such, GGR has been trading -1100.0% off suggested target high and -1100.0% from its likely low.

Gogoro Inc (GGR) estimates and forecasts

The rating firms project that company’s revenue will shrink -6.00% compared to the previous financial year.

GGR Dividends

Gogoro Inc has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is TEMASEK HOLDINGS (PRIVATE) LTD with 6.89 million shares, or about 2.9214% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.62 million.