Gogoro Inc (NASDAQ:GGR) price on current trading day, fall -3.16% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.20.
A look at the stock’s price movement, the close in the last trading session was $0.21, moving within a range at $0.188 and $0.2055. The beta value (5-Year monthly) was 0.94. Turning to its 52-week performance, $2.02 and $0.20 were the 52-week high and 52-week low respectively. Overall, GGR moved -48.04% over the past month.
Gogoro Inc’s market cap currently stands at around $58.78 million, with investors looking forward to this quarter’s earnings report slated for in May.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 297.05M, representing a -4.34% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GGR is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
GGR’s current price about -35.08% and -47.81% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 15.39, while 7-day volatility ratio is 9.28% and 7.45% in the 30-day chart. Further, Gogoro Inc (GGR) has a beta value of 1.01, and an average true range (ATR) of 0.02. Analysts have given the company’s stock an average 52-week price target of $6, forecast between a low of $6 and high of $6. Looking at the price targets, the low is -2900.0% off current price level while to achieve the yearly target high, price needs to move -2900.0%. Nonetheless, investors will most likely welcome a -2900.0% jump to $6 which is the analysts’ median price.
If we refocus on Gogoro Inc (NASDAQ:GGR), historical trading data shows that trading volumes averaged 0.79 over the past 10 days and 513.85K over the past 3 months. The company’s latest data on shares outstanding shows there are 295.35 million shares.
The 34.39% of Gogoro Inc’s shares are in the hands of company insiders while institutional holders own 6.58% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.04 million on 2025-03-14, giving us a short ratio of 4.25. The data shows that as of 2025-03-14 short interest in Gogoro Inc (GGR) stood at 99.00000000000001 of shares outstanding, with shares short falling to 2.88 million registered in 2025-02-14. Current price change has pushed the stock -60.18% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GGR stock continues to rise going into the next quarter.
