In today’s recent session, 1.01 million shares of the Gogoro Inc (NASDAQ:GGR) have been traded, and its beta is 0.96. Most recently the company’s share price was $0.27, and it changed around $0.04 or 16.42% from the last close, which brings the market valuation of the company to $79.77M. GGR at last check was trading at a discount to its 52-week high of $2.02, offering almost -648.15% off that amount. The share price’s 52-week low was $0.19, which indicates that the recent value has risen by an impressive 29.63% since then. We note from Gogoro Inc’s average daily trading volume that its 10-day average is 0.89 million shares, with the 3-month average coming to 552.37K.
Gogoro Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended GGR as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Gogoro Inc is expected to report earnings per share of 0 for the current quarter.
Gogoro Inc (NASDAQ:GGR) trade information
Instantly GGR has been showing a green trend so far today with a performance of 16.42% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.2740 on recent trading dayincreased the stock’s daily price by 1.46%. The company’s shares are currently down -45.95% year-to-date, but still up 20.10% over the last five days. On the other hand, Gogoro Inc (NASDAQ:GGR) is -28.62% down in the 30-day period. We can see from the shorts that 2.13 million shares have been sold at a short interest cover period of 3.66 day(s).
The consensus price target as assigned by Wall Street analysts is $6, which translates to bulls needing to increase their stock price by 95.5% from its current value. Analyst projections state that GGR is forecast to be at a low of $6 and a high of $6.
Gogoro Inc (GGR) estimates and forecasts
The year-over-year growth rate is expected to be -4.34%, down from the previous year.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -34.87%.
GGR Dividends
Gogoro Inc’s next quarterly earnings report is expected to be released in May.
Gogoro Inc (NASDAQ:GGR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 45.09% of Gogoro Inc shares, and 6.59% of them are in the hands of institutional investors. The stock currently has a share float of 12.00%. Gogoro Inc stock is held by 36.0 institutions, with GENERATION INVESTMENT MANAGEMENT LLP being the largest institutional investor. By 2024-06-30, it held 3.6036% of the shares, which is about 8.5 million shares worth $13.09 million.
TEMASEK HOLDINGS (PRIVATE) LTD, with 2.9214% or 6.89 million shares worth $10.62 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund and SPDR INDEX SHARES FUNDS-SPDR(R) S&P(R) EMERGING MARKETS SMALL CAP ETF were the top two Mutual Funds as of Feb 28, 2025 . The former held 167.44 shares worth $45712.0, making up 0.06% of all outstanding shares. On the other hand, SPDR INDEX SHARES FUNDS-SPDR(R) S&P(R) EMERGING MARKETS SMALL CAP ETF held roughly 48.21 shares worth around $13162.0, which represents about 0.02% of the total shares outstanding.
