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Gorilla Technology Group Inc (NASDAQ: GRRR) closed the day trading at $12.88 down -1.45% from the previous closing price of $13.07. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 1.05 million shares were traded. GRRR stock price reached its highest trading level at $12.9882 during the session, while it also had its lowest trading level at $12.17.
Ratios:
For a better understanding of GRRR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.64. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In the most recent recommendation for this company, Cantor Fitzgerald on July 26, 2023, initiated with a Overweight rating and assigned the stock a target price of $4.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRRR now has a Market Capitalization of 291976928 and an Enterprise Value of 204555056. Its current Enterprise Value per Revenue stands at 2.051 whereas that against EBITDA is -6.042.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.23, which has changed by 1.5984097 over the last 52 weeks, in comparison to a change of 0.1177547 over the same period for the S&P500. Over the past 52 weeks, GRRR has reached a high of $44.15, while it has fallen to a 52-week low of $4.51. The 50-Day Moving Average of the stock is -23.46%, while the 200-Day Moving Average is calculated to be -34.36%.
Shares Statistics:
Over the past 3-months, GRRR traded about 1.55M shares per day on average, while over the past 10 days, GRRR traded about 1543260 shares per day. A total of 22.67M shares are outstanding, with a floating share count of 21.66M. Insiders hold about 4.47% of the company’s shares, while institutions hold 21.62% stake in the company. Shares short for GRRR as of 1763078400 were 2100339 with a Short Ratio of 1.12, compared to 1760486400 on 1917282. Therefore, it implies a Short% of Shares Outstanding of 2100339 and a Short% of Float of 9.4.
