Gogoro (GGR) Projected to Post Earnings on Wednesday

Gogoro (NASDAQ:GGR) is anticipated to release its earnings data before the market opens on Wednesday, February 5th. Analysts expect Gogoro to post earnings of ($0.03) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Gogoro Stock Performance

Shares of Gogoro stock opened at $0.42 on Monday. The business’s fifty day simple moving average is $0.52 and its 200 day simple moving average is $0.75. The firm has a market capitalization of $123.07 million, a P/E ratio of -1.30 and a beta of 0.67. Gogoro has a 12 month low of $0.40 and a 12 month high of $2.24. The company has a current ratio of 1.29, a quick ratio of 1.02 and a debt-to-equity ratio of 1.32.

Wall Street Analyst Weigh In

GGR has been the topic of a number of recent analyst reports. Citigroup reiterated a “neutral” rating and set a $0.50 price target (down from $2.30) on shares of Gogoro in a report on Friday, November 15th. Benchmark restated a “hold” rating on shares of Gogoro in a research note on Monday, November 18th.

Gogoro Company Profile

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.