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How to Buy Gogoro Stock

Gogoro Inc

Gogoro Inc. manufactures two-wheeled electric vehicle. The company offers two-wheeled electric scooter that provides cloud connectivity and electric powertrain that utilizes swappable battery infrastructure for gathering, analyzing, and sharing riding data through a mobile application on the rider's smartphone.

Gogoro stock last closed at $1.58, down 0.63% from the previous day, and has decreased 51.53% in one year. It has underperformed other stocks in the Auto Parts industry by 0.44 percentage points. Gogoro stock is currently +30.58% from its 52-week low of $1.21, and -55.49% from its 52-week high of $3.55.

There are currently 245.72M GGR shares outstanding. The market value of GGR is $388.24M. In the past 24 hours, 83,236 GGR shares were traded.

How to Buy Gogoro Stock

Not sure how to invest in Gogoro stock? Here's how.
  1. Figure out where to buy Gogoro stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Gogoro stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick your method of payment and add your info.
  4. Research Gogoro stock: The Gogoro ticker symbol is GGR. Is Gogoro stock a good investment? Should you buy shares of GGR? How do GGR's underlying business fundamentals look? Do top analysts think Gogoro is a good buy? Why has GGR's stock price moved recently? (Hint: Our stock research website can help you decide if GGR is a good stock to buy).
  5. Execute your GGR buy order: Decide if you will purchase GGR shares at the current market price or use a limit order to buy GGR stock at a given price.
  6. Get the latest news on your GGR position: Create a watchlist to track your new investment in Gogoro shares.

Step 1: Figure out where to buy Gogoro stock

You need a brokerage account in order to access the NASDAQ market and buy GGR shares.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

We believe that eToro is the best place to buy stocks. Here's why:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world financial markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, it's time to fill out some personal information so you can buy GGR stock today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to start a new brokerage account.
  1. Send your info by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you've created your account on the best stock app for beginners, you need to deposit funds:

Watch the video below if you need help depositing money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Gogoro stock

After you have selected the best place to buy Gogoro stock, it's critical to evaluate their stock prior to investing, so you actually comprehend the risk and upside.

Gogoro quick stats

GGR Price
$1.58
1w %
6.76%
1y %
-51.53%
5y %
N/A
P/E
-4.94x
P/B
1.56x
P/S
1.06x
PEG
N/A
Revenue
$349.85M
Earnings
-$76.04M
Fore. Rev. Growth
14.58%
Fore. Earn. Growth
N/A
Market Cap
$388.24M
Next Earnings
May 29, 2024
Next Dividend
N/A

Gogoro Overview

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on GGR's stock page.

Is GGR stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge GGR's true value.

Using relative valuations measures:

  • GGR could be undervalued based on its P/B ratio of 1.56x, relative to Auto Parts industry P/B ratio of 1.75x

You can do additional valuation analysis on GGR's stock here.

GGR Financial Summary

Pros:

  • GGR profit margin has gone up from -25.8% to -21.7% in the past year.
  • GGR has $173.89M in cash and short term investments. This is sufficient to cover its annual cash burn of $48.38M.
  • GGR has cash burn of 48378000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the GGR balance sheet.

Cons:

  • GGR has a relatively high debt to equity ratio of 2.36.
  • There are more long-term liabilities than short-term assets on the GGR balance sheet.

Do analysts think it's a good time to buy Gogoro stock

Out of 1 sell side analysts who research GGR, the consensus analyst rating on GGR is a Hold

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Gogoro stock forecast page.

GGR Trading Indicators

SMA10
1.5
SMA20
1.56
SMA50
1.59
SMA100
1.94
SMA200
2.38
MACD
-0.03
MACD Signal
-0.04
MACD Histogram
0.01
RSI
50.22
Stochastic %K
66.32
Stochastic %D
55.67
StochRSI %K
98.24
StochRSI %D
89.64

How is GGR performing as a company?

Last year, GGR revenue was $349.85M. In the last four year, GGR's revenue has gone up by -5.53% per year. This was slower than the Auto Parts industry average of 9.1%.

You can research GGR's earnings and revenue performance here.

Are GGR executives and large shareholders buying or selling the stock?

Over the last 12 months, insiders at GGR have not bought or sold any shares.

Research more about who owns GGR stock here.

Does GGR provide a stable income stream?

No, Gogoro doesn't provide an income stream by paying out dividends.

What do other traders have to say about GGR?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your GGR buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, use a limit order.

Click the Open Trade button and eToro will execute your order.

If you want more help with buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get the latest news on your GGR position

Now that you own some GGR shares, you'll want to keep up with your company.

Start a watchlist to get notified of important updates regarding your GGR stock.

GGR Feed

How to Buy Stock in Gogoro

To reiterate, here are the 6 steps to buy Gogoro stock:

  1. Figure out where to buy Gogoro stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Research Gogoro stock
  5. Execute your GGR buy order
  6. Get the latest news on your GGR position

If you need a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Gogoro, click below.

NASDAQ: GGR
$1.58-0.01 (-0.63%)
Updated May 1, 2024
Open eToro Account
NASDAQ: GGR
$1.58-0.01 (-0.63%)
Updated May 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Gogoro share?

As of May 1, 2024, it costs $1.58 to buy one share of Gogoro stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.79, you can buy 0.5 shares of GGR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Gogoro stock?

According to 1 Wall Street analysts who monitor Gogoro, their consensus recommendation is to hold Gogoro stock.

What is the best way to buy Gogoro stock?

One way to place an order for Gogoro stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.