Gogoro Inc. (NASDAQ:GGR - Get Free Report)'s stock price traded up 6.1% during trading on Monday . The company traded as high as $0.35 and last traded at $0.34. 643,815 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 863,468 shares. The stock had previously closed at $0.32.
Gogoro Stock Performance
The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.62 and a current ratio of 0.81. The firm has a market cap of $100.33 million, a P/E ratio of -0.75 and a beta of 0.93. The business's 50-day simple moving average is $0.26 and its 200 day simple moving average is $0.35.
Institutional Trading of Gogoro
Several hedge funds have recently made changes to their positions in GGR. Two Sigma Investments LP purchased a new stake in shares of Gogoro during the 4th quarter valued at about $121,000. Jane Street Group LLC raised its position in shares of Gogoro by 81.1% during the 1st quarter. Jane Street Group LLC now owns 382,394 shares of the company's stock valued at $103,000 after buying an additional 171,273 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Gogoro during the 4th quarter valued at about $42,000. Alpine Global Management LLC bought a new position in Gogoro during the 4th quarter valued at about $40,000. Finally, Cubist Systematic Strategies LLC bought a new position in Gogoro during the 4th quarter valued at about $37,000. 15.87% of the stock is currently owned by hedge funds and other institutional investors.
Gogoro Company Profile
(
Get Free Report)
Gogoro Inc provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits.
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