In yesterday’s Wall Street session, Gogoro Inc (NASDAQ:GGR) shares traded at $0.67, up 1.49% from the previous session.
GGR stock price is now -34.26% away from the 50-day moving average and -57.02% away from the 200-day moving average. The market capitalization of the company currently stands at $186.02M.
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, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Peng Ming-I, Officer bought 12,826 shares of the company’s stock on Sep 10 ’24. The stock was bought for $14,109 at an average price of $1.10. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 13 ’24, Officer Peng Ming-I bought 133,923 shares of the business’s stock. A total of $175,439 was incurred on buying the stock at an average price of $1.31. A total of 36.48% of the company’s stock is owned by insiders.
During the past 12 months, Gogoro Inc has had a low of $0.48 and a high of $2.97. As of last week, the company has a debt-to-equity ratio of 1.59, a current ratio of 1.46, and a quick ratio of 1.19. The fifty day moving average price for GGR is $1.0172 and a two-hundred day moving average price translates $1.5559 for the stock.
The latest earnings results from Gogoro Inc (NASDAQ: GGR) was released for 2024-06-30. The net profit margin was -19.11% and return on equity was -24.22% for GGR. The company reported revenue of $80.94 million for the quarter, compared to $87.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.22 percent.
