Gogoro (GGR) to Release Earnings on Wednesday

Gogoro (NASDAQ:GGR - Get Free Report) is expected to be releasing 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. Parties that are interested in participating in the company's conference call can do so using this link.

Gogoro Stock Performance

GGR traded down $0.02 on Wednesday, hitting $0.41. The company's stock had a trading volume of 236,650 shares, compared to its average volume of 372,219. The company's 50 day simple moving average is $0.52 and its 200-day simple moving average is $0.77. The company has a quick ratio of 1.02, a current ratio of 1.29 and a debt-to-equity ratio of 1.32. Gogoro has a 12 month low of $0.40 and a 12 month high of $2.24. The firm has a market cap of $121.89 million, a P/E ratio of -1.29 and a beta of 0.67.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Citigroup restated a "neutral" rating and issued a $0.50 target price (down previously from $2.30) on shares of Gogoro in a research note on Friday, November 15th. Benchmark reissued a "hold" rating on shares of Gogoro in a report 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.