Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Gorilla Technology Group Inc (NASDAQ: GRRR) closed the day trading at $18.41 down -1.60% from the previous closing price of $18.71. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 1.58 million shares were traded. GRRR stock price reached its highest trading level at $19.29 during the session, while it also had its lowest trading level at $18.15.
Ratios:
For a better understanding of GRRR, let’s look at its different ratios. 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 417336576 and an Enterprise Value of 379430528. Its current Enterprise Value per Revenue stands at 4.066 whereas that against EBITDA is -9.096.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.27, which has changed by 3.5122547 over the last 52 weeks, in comparison to a change of 0.17904854 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 $3.60. The 50-Day Moving Average of the stock is 3.55%, while the 200-Day Moving Average is calculated to be -5.81%.
Shares Statistics:
Over the past 3-months, GRRR traded about 1.77M shares per day on average, while over the past 10 days, GRRR traded about 1789380 shares per day. 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 18.76% stake in the company. Shares short for GRRR as of 1757894400 were 2556300 with a Short Ratio of 1.45, compared to 1755216000 on 3003526. Therefore, it implies a Short% of Shares Outstanding of 2556300 and a Short% of Float of 11.44.
Earnings Estimates
The stock of Gorilla Technology Group Inc (GRRR) is currently drawing attention from 1 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.41, with high estimates of $0.41 and low estimates of $0.41.
Analysts are recommending an EPS of between $0.96 and $0.96 for the fiscal current year, implying an average EPS of $0.96. EPS for the following year is $1.51, with 2.0 analysts recommending between $1.83 and $1.2.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $33.88M. There is a high estimate of $34.75M for the next quarter, whereas the lowest estimate is $33M.
A total of 2 analysts have provided revenue estimates for GRRR’s current fiscal year. The highest revenue estimate was $100.08M, while the lowest revenue estimate was $99.33M, resulting in an average revenue estimate of $99.7M. In the same quarter a year ago, actual revenue was $74.67MBased on 2 analysts’ estimates, the company’s revenue will be $174.45M in the next fiscal year. The high estimate is $222.8M and the low estimate is $126.1M.
