Gogoro Inc (NASDAQ: GGR) on Friday, plunged -5.31% from the previous trading day, before settling in for the closing price of $0.50. Within the past 52 weeks, GGR’s price has moved between $0.48 and $2.87.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales slided by -5.15%. The company achieved an average annual earnings per share of -0.27%. With a float of $176.71 million, this company’s outstanding shares have now reached $245.72 million.
The extent of productivity of a business whose workforce counts for 2000 workers is very important to gauge. In terms of profitability, gross margin is 10.64%, operating margin of -27.77%, and the pretax margin is -19.11%.
Gogoro Inc (GGR) Insider Updates
Observing investor behavior towards Auto Manufacturers industry stocks is more important than anything else. The insider ownership of Gogoro Inc is 36.48%, while institutional ownership is 12.41%. The most recent insider transaction that took place on Sep 10 ’24, was worth 14,109. Before that another transaction happened on Aug 13 ’24, when Company’s Officer proposed sale 133,923 for $1.31, making the entire transaction worth $175,439.
Gogoro Inc (GGR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -0.27% per share during the next fiscal year.
Gogoro Inc (NASDAQ: GGR) Trading Performance Indicators
Gogoro Inc (GGR) is currently performing well based on its current performance indicators. A quick ratio of 1.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27 and is forecasted to reach -0.31 in one year’s time.
Technical Analysis of Gogoro Inc (GGR)
The latest stats from [Gogoro Inc, GGR] show that its last 5-days average volume of 1.67 million was superior to 0.6 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.40%. Additionally, its Average True Range was 0.06.
During the past 100 days, Gogoro Inc’s (GGR) raw stochastic average was set at 2.30%, which indicates a significant decrease from 10.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.33% in the past 14 days, which was lower than the 84.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8173, while its 200-day Moving Average is $1.4308. Now, the first resistance to watch is $0.5069. This is followed by the second major resistance level at $0.5434. The third major resistance level sits at $0.5768. If the price goes on to break the first support level at $0.4370, it is likely to go to the next support level at $0.4036. Assuming the price breaks the second support level, the third support level stands at $0.3671.
Gogoro Inc (NASDAQ: GGR) Key Stats
Market capitalization of the company is 130.86 million based on 245,799K outstanding shares. Right now, sales total 349,850 K and income totals -76,040 K. The company made 80,940 K in profit during its latest quarter, and -20,060 K in sales during its previous quarter.
