GGR Stock Summary and Trading Ideas (Gogoro - | NASDAQ:GGR)

Gogoro Inc is focused on eliminating the barriers to electric fuel adoption to bring swappable electric power within reach of every urban rider. Its battery swapping technology compromises an interoperable platform that seamlessly integrates a comprehensive ecosystem of hardware, software, and services, which consists of Gogoro Smart Batteries, GoStations, Gogoro Network Software & Battery Management Systems, Smartscooter, and related components and kits. Geographical presence in Taiwan and Other countries, majority of its revenue comes from Tiwan.

Gogoro - trades on the NASDAQ stock market under the symbol GGR.

As of March 5, 2025, GGR stock price climbed to $0.41 with 109,898 million shares trading.

GGR has a beta of 1.46, meaning it tends to be more sensitive to market movements. GGR has a correlation of 0.04 to the broad based SPY ETF.

GGR has a market cap of $121.66 million. This is considered a Micro Cap stock.

The top ETF exchange traded funds that GGR belongs to (by Net Assets): QCLN, ONEQ, EWX.

GGR has underperformed the market in the last year with a price return of -71.6% while the SPY ETF gained +15.2%. GGR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -31.5% and -13.2%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

GGR support price is $.39 and resistance is $.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GGR shares will trade within this expected range on the day.