Gogoro (NASDAQ:GGR) Stock Price Down 1% - Should You Sell?

Gogoro Inc. (NASDAQ:GGR - Get Free Report)'s share price fell 1% during mid-day trading on Tuesday . The stock traded as low as $3.72 and last traded at $3.80. 24,570 shares were traded during trading, an increase of 44% from the average session volume of 17,050 shares. The stock had previously closed at $3.84.Analyst Ratings ChangesSeparately, Weiss Ratings reissued a "sell (e+)" rating on shares of Gogoro in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of "Sell".Check Out Our Latest Stock Report on GGRGogoro Price PerformanceThe stock has a market capitalization of $56.13 million, a P/E ratio of -0.42 and a beta of 0.88. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.77 and a current ratio of 0.95. The firm has a 50-day moving average price of $4.44 and a 200 day moving average price of $5.70. Gogoro (NASDAQ:GGR - Get Free Report) last released its earnings results on Tuesday, November 11th. The company reported ($1.01) earnings per share for the quarter. Gogoro had a negative return on equity of 80.94% and a negative net margin of 47.07%.The firm had revenue of $77.65 million during the quarter. On average, analysts expect that Gogoro Inc. will post -0.12 EPS for the current year. Institutional Trading of GogoroSeveral hedge funds have recently added to or reduced their stakes in GGR. Jane Street Group LLC grew its stake in shares of Gogoro by 81.1% during the first quarter. Jane Street Group LLC now owns 382,394 shares of the company's stock valued at $103,000 after buying an additional 171,273 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of Gogoro by 185.8% in the 3rd quarter. GSA Capital Partners LLP now owns 774,659 shares of the company's stock valued at $233,000 after acquiring an additional 503,624 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in Gogoro by 9.5% during the 3rd quarter. Citadel Advisors LLC now owns 181,126 shares of the company's stock valued at $54,000 after acquiring an additional 15,749 shares during the period. 15.87% of the stock is owned by institutional investors. Gogoro Company Profile (Get Free Report)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.Read MoreFive stocks we like better than GogoroWhy Invest in High-Yield Dividend Stocks?Wall Street’s Sleeping Giant: Is Amazon About to Wake Up?Dividend Payout Ratio CalculatorCheckmate in the Cloud: ServiceNow's Shopping SpreeHigh Dividend REITs: Are They an Ideal Way to Diversify?The Contrarian Case for MSTR Amid MSCI Delisting DebacleThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Gogoro Right Now?Before you consider Gogoro, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gogoro wasn't on the list.While Gogoro currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here