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In the latest session, Gorilla Technology Group Inc (NASDAQ: GRRR) closed at $4.28 up 3.13% from its previous closing price of $4.15. In other words, the price has increased by $3.13 from its previous closing price. On the day, 2.82 million shares were traded. GRRR stock price reached its highest trading level at $4.55 during the session, while it also had its lowest trading level at $4.18.
Ratios:
For a deeper understanding of Gorilla Technology Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.13.
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 47556796 and an Enterprise Value of 36361884. Its current Enterprise Value per Revenue stands at 0.562 whereas that against EBITDA is 2.016.
Stock Price History:
Over the past 52 weeks, GRRR has reached a high of $13.00, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 41.93%, while the 200-Day Moving Average is calculated to be -17.35%.
Shares Statistics:
For the past three months, GRRR has traded an average of 465.30K shares per day and 946750 over the past ten days. A total of 68.92M shares are outstanding, with a floating share count of 9.44M. Insiders hold about 15.03% of the company’s shares, while institutions hold 12.44% stake in the company. Shares short for GRRR as of 1726185600 were 1183089 with a Short Ratio of 2.54, compared to 1723680000 on 353560. Therefore, it implies a Short% of Shares Outstanding of 1183089 and a Short% of Float of 10.79.
