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The price of Gorilla Technology Group Inc (NASDAQ: GRRR) closed at $13.03 in the last session, down -5.31% from day before closing price of $13.76. In other words, the price has decreased by -$5.31 from its previous closing price. On the day, 0.55 million shares were traded. GRRR stock price reached its highest trading level at $13.34 during the session, while it also had its lowest trading level at $13.0.
Ratios:
We take a closer look at GRRR’s different ratios to gain a better understanding of the stock. 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 295377280 and an Enterprise Value of 208034528. Its current Enterprise Value per Revenue stands at 2.086 whereas that against EBITDA is -6.145.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.27, which has changed by 0.99709725 over the last 52 weeks, in comparison to a change of 0.12607694 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 $5.34. The 50-Day Moving Average of the stock is -20.47%, while the 200-Day Moving Average is calculated to be -32.99%.
Shares Statistics:
According to the various share statistics, GRRR traded on average about 1.56M shares per day over the past 3-months and 1537570 shares per day over the past 10 days. 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 1.35, compared to 1760486400 on 1917282. Therefore, it implies a Short% of Shares Outstanding of 2100339 and a Short% of Float of 9.4.
