Gogoro Inc (NASDAQ:GGR) has a beta value of 0.66 and has seen 1.37 million shares traded in the last trading session. The company, currently valued at $84.21M, closed the last trade at $0.29 per share which meant it lost -$0.07 on the day or -21.13% during that session. The GGR stock price is -596.55% off its 52-week high price of $2.02 and 34.48% above the 52-week low of $0.19. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.15 million shares traded. The 3-month trading volume is 770.05K shares.
Gogoro Inc (NASDAQ:GGR) trade information
Sporting -21.13% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GGR stock price touched $0.29 or saw a rise of 33.18%. Year-to-date, Gogoro Inc shares have moved -42.95%, while the 5-day performance has seen it change 35.70%. Over the past 30 days, the shares of Gogoro Inc (NASDAQ:GGR) have changed -20.45%. Short interest in the company has seen 2.13 million shares shorted with days to cover at 3.66.
Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 95.17% from current levels. The projected low price target is $6.0 while the price target rests at a high of $6.0. In that case, then, we find that the current price level is -1968.97% off the targeted high while a plunge would see the stock gain -1968.97% from current levels.
Gogoro Inc (GGR) estimates and forecasts
The company’s shares have lost -49.06% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -4.34%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -34.87% over the past 5 years.
GGR Dividends
Gogoro Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gogoro Inc (NASDAQ:GGR)’s Major holders
Insiders own 45.09% of the company shares, while shares held by institutions stand at 6.59% with a share float percentage of 12.00%. Investors are also buoyed by the number of investors in a company, with Gogoro Inc having a total of 36.0 institutions that hold shares in the company. The top two institutional holders are GENERATION INVESTMENT MANAGEMENT LLP with over 8.5 million shares worth more than $13.09 million. As of 2024-06-30, GENERATION INVESTMENT MANAGEMENT LLP held 3.6036% of shares outstanding.
The other major institutional holder is TEMASEK HOLDINGS (PRIVATE) LTD, with the holding of over 6.89 million shares as of 2024-06-30. The firm’s total holdings are worth over $10.62 million and represent 2.9214% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund and SPDR INDEX SHARES FUNDS-SPDR(R) S&P(R) EMERGING MARKETS SMALL CAP ETF . As of Feb 28, 2025 , the former fund manager holds about 0.06% shares in the company for having 167.44 shares of worth $47738.0 while later fund manager owns 48.21 shares of worth $13745.0 as of Feb 28, 2025 , which makes it owner of about 0.02% of company’s outstanding stock.
