On Tuesday, Gogoro Inc (NASDAQ: GGR) opened lower -5.00% from the last session, before settling in for the closing price of $0.58. Price fluctuations for GGR have ranged from $0.40 to $2.69 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted 23.17% at the time writing. With a float of $176.71 million, this company’s outstanding shares have now reached $278.18 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 7.12%, operating margin of -29.59%, and the pretax margin is -24.0%.
Gogoro Inc (GGR) Insider Updates
A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of Gogoro Inc is 36.48%, while institutional ownership is 10.06%. 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 23.17% per share during the next fiscal year.
Gogoro Inc (NASDAQ: GGR) Trading Performance Indicators
Check out the current performance indicators for Gogoro Inc (GGR). In the past quarter, the stock posted a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32 and is forecasted to reach -0.23 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 0.77 million was superior to 0.65 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.88%. Additionally, its Average True Range was 0.05.
During the past 100 days, Gogoro Inc’s (GGR) raw stochastic average was set at 12.93%, which indicates a significant increase from 9.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.85% in the past 14 days, which was lower than the 95.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5410, while its 200-day Moving Average is $1.1654. Now, the first resistance to watch is $0.5778. This is followed by the second major resistance level at $0.6046. The third major resistance level sits at $0.6180. If the price goes on to break the first support level at $0.5376, it is likely to go to the next support level at $0.5242. Assuming the price breaks the second support level, the third support level stands at $0.4974.
Gogoro Inc (NASDAQ: GGR) Key Stats
There are currently 295,066K shares outstanding in the company with a market cap of 153.28 million. Presently, the company’s annual sales total 349,850 K according to its annual income of -76,040 K. Last quarter, the company’s sales amounted to 86,860 K and its income totaled -18,240 K.
