The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Gorilla Technology Group Inc (NASDAQ: GRRR) closed at $21.15 in the last session, down -1.49% from day before closing price of $21.47. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 1.71 million shares were traded. GRRR stock price reached its highest trading level at $22.17 during the session, while it also had its lowest trading level at $20.75.
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 2.48 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 427699520 and an Enterprise Value of 386078272. Its current Enterprise Value per Revenue stands at 4.585 whereas that against EBITDA is 14.329.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.27, which has changed by 6.6630435 over the last 52 weeks, in comparison to a change of 0.12677538 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 $2.09. The 50-Day Moving Average of the stock is 12.43%, while the 200-Day Moving Average is calculated to be 38.89%.
Shares Statistics:
According to the various share statistics, GRRR traded on average about 2.13M shares per day over the past 3-months and 4427250 shares per day over the past 10 days. Insiders hold about 5.49% of the company’s shares, while institutions hold 10.21% stake in the company. Shares short for GRRR as of 1749772800 were 1318737 with a Short Ratio of 0.62, compared to 1747267200 on 1416509. Therefore, it implies a Short% of Shares Outstanding of 1318737 and a Short% of Float of 6.6300004999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
