Gogoro Inc’s recently made public that its Officer Peng Ming-I acquired Company’s shares for reported $14109.0 on Sep 10 ’24. In the deal valued at $1.10 per share,12,826 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Peng Ming-I bought 133,923 shares, generating $175,439 in total proceeds.
The Benchmark Company downgraded its Gogoro Inc [GGR] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid December from “an Underweight” to “a Neutral”. JP Morgan began covering GGR with “an Underweight” recommendation on September 20, 2022. Citigroup started covering the stock on June 09, 2022. It rated GGR as “a Buy”.
Price Performance Review of GGR
On Tuesday, Gogoro Inc [NASDAQ:GGR] saw its stock jump 1.49% to $0.67. Over the last five days, the stock has gained 31.01%. Gogoro Inc shares have fallen nearly -74.08% since the year began. Nevertheless, the stocks have fallen -73.46% over the past one year. While a 52-week high of $2.97 was reached on 01/02/24, a 52-week low of $0.48 was recorded on 09/23/24. SMA at 50 days reached $1.0172, while 200 days put it at $1.5559.
Levels Of Support And Resistance For GGR Stock
The 24-hour chart illustrates a support level at 0.6368, which if violated will result in even more drops to 0.6049. On the upside, there is a resistance level at 0.7158. A further resistance level may holdings at 0.7629. The Relative Strength Index (RSI) on the 14-day chart is 41.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0806, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.11%. Stochastics %K at 52.09% indicates the stock is a holding.
How much short interest is there in Gogoro Inc?
A steep rise in short interest was recorded in Gogoro Inc stocks on 2024-09-13, growing by 60249.0 shares to a total of 2.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 2.84 million shares. There was a rise of 2.08%, which implies that there is a positive sentiment for the stock.
