In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
The closing price of Gorilla Technology Group Inc (NASDAQ: GRRR) was $17.73 for the day, down -0.20% from the previous closing price of $17.76. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 0.85 million shares were traded. GRRR stock price reached its highest trading level at $17.86 during the session, while it also had its lowest trading level at $17.48.
Ratios:
Our analysis of GRRR’s different ratios will help us gain a deeper understanding of the company. 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 401808032 and an Enterprise Value of 343865312. Its current Enterprise Value per Revenue stands at 4.084 whereas that against EBITDA is -10.564.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.29, which has changed by 5.330357 over the last 52 weeks, in comparison to a change of 0.16932249 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 -9.25%, while the 200-Day Moving Average is calculated to be 7.96%.
Shares Statistics:
GRRR traded an average of 2.13M shares per day over the past three months and 1675960 shares per day over the past ten days. A total of 22.67M shares are outstanding, with a floating share count of 21.42M. Insiders hold about 5.49% of the company’s shares, while institutions hold 9.18% stake in the company. Shares short for GRRR as of 1752537600 were 2875089 with a Short Ratio of 1.35, compared to 1749772800 on 1318737. Therefore, it implies a Short% of Shares Outstanding of 2875089 and a Short% of Float of 12.86.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
At present, 1 analysts are actively evaluating the performance of Gorilla Technology Group Inc (GRRR) in the stock market.The consensus estimate for the next quarter is $0.25, with high estimates of $0.25 and low estimates of $0.25.
Analysts are recommending an EPS of between $0.97 and $0.97 for the fiscal current year, implying an average EPS of $0.97.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $27.5M. There is a high estimate of $28M for the next quarter, whereas the lowest estimate is $27M.
A total of 2 analysts have provided revenue estimates for GRRR’s current fiscal year. The highest revenue estimate was $102.26M, while the lowest revenue estimate was $100.01M, resulting in an average revenue estimate of $101.13M. In the same quarter a year ago, actual revenue was $74.67MBased on 2 analysts’ estimates, the company’s revenue will be $130.01M in the next fiscal year. The high estimate is $134M and the low estimate is $126.01M.
