Alpine Global Management LLC Buys Shares of 80,427 Gogoro Inc. (NASDAQ:GGR)

Alpine Global Management LLC bought a new stake in shares of Gogoro Inc. (NASDAQ:GGR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 80,427 shares of the company’s stock, valued at approximately $40,000.

Other hedge funds have also bought and sold shares of the company. OLD Mission Capital LLC bought a new stake in Gogoro during the fourth quarter valued at approximately $28,000. Cubist Systematic Strategies LLC bought a new stake in shares of Gogoro in the 4th quarter worth approximately $37,000. SBI Securities Co. Ltd. bought a new stake in shares of Gogoro in the 4th quarter worth approximately $42,000. Jane Street Group LLC lifted its holdings in shares of Gogoro by 136.6% in the 4th quarter. Jane Street Group LLC now owns 211,121 shares of the company’s stock worth $105,000 after acquiring an additional 121,905 shares during the last quarter. Finally, Two Sigma Investments LP bought a new stake in shares of Gogoro in the 4th quarter worth approximately $121,000. 15.87% of the stock is currently owned by institutional investors.

Gogoro Trading Down 0.4%

Shares of GGR opened at $0.25 on Friday. The firm has a market cap of $72.92 million, a price-to-earnings ratio of -0.55 and a beta of 0.85. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.69 and a current ratio of 0.89. Gogoro Inc. has a fifty-two week low of $0.19 and a fifty-two week high of $1.76. The firm has a 50 day moving average price of $0.27 and a 200-day moving average price of $0.41.

Gogoro 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.