Electric vehicle company Gogoro reaches new 52-week low of $2.17, reports 33.87% negative ROE and 17.49% negative net margin.

Gogoro, a NASDAQ-listed electric vehicle company, reached a new 52-week low of $2.17 on Thursday. JPMorgan Chase upgraded the company's rating from "underweight" to "neutral" with a $2.20 target price. However, the company reported a 33.87% negative return on equity and a 17.49% negative net margin in the quarter ending November 16th, with a per-share loss of $0.09. Institutional investors and hedge funds own 14.45% of the company's market cap.

January 27, 2024
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