In last trading session, Gogoro Inc (NASDAQ:GGR) saw 1.01 million shares changing hands with its beta currently measuring 0.80. Company’s recent per share price level of $0.46 trading at -$0.01 or -1.29% at ring of the bell on the day assigns it a market valuation of $135.47M. That closing price of GGR’s stock is at a discount of -339.13% from its 52-week high price of $2.02 and is indicating a premium of 13.04% from its 52-week low price of $0.40.
Gogoro Inc (NASDAQ:GGR) trade information
Upright in the red during last session for losing -1.29%, in the last five days GGR remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $0.46 price level, adding 7.98% to its value on the day. Gogoro Inc’s shares saw a change of -8.12% in year-to-date performance and have moved -1.25% in past 5-day. Gogoro Inc (NASDAQ:GGR) showed a performance of -0.69% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 92.33% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -1204.35% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1204.35% for stock’s current value.
Gogoro Inc (GGR) estimates and forecasts
This year revenue growth is estimated to fall -4.34% from the last financial year’s standing.
Gogoro Inc (NASDAQ:GGR)’s Major holders
GENERATION INVESTMENT MANAGEMENT LLP is the top institutional holder at GGR for having 8.5 million shares of worth $13.09 million. And as of 2024-06-30, it was holding 3.6036 of the company’s outstanding shares.
The second largest institutional holder is TEMASEK HOLDINGS (PRIVATE) LTD, which was holding about 6.89 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.9214 of outstanding shares, having a total worth of $10.62 million.
On the other hand, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and First Trust Nasdaq (R) Clean Edge (R) Green Energy Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 2.73 shares of worth $1.26 million or 0.93% of the total outstanding shares. The later fund manager was in possession of 888.02 shares on Nov 30, 2024 , making its stake of worth around $0.41 million in the company or a holder of 0.30% of company’s stock.