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After finishing at $21.27 in the prior trading day, Gorilla Technology Group Inc (NASDAQ: GRRR) closed at $20.77, down -2.35%. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 2.42 million shares were traded. GRRR stock price reached its highest trading level at $21.76 during the session, while it also had its lowest trading level at $18.5.
Ratios:
Our goal is to gain a better understanding of GRRR by taking a closer look at its different 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 383511840 and an Enterprise Value of 264283760. Its current Enterprise Value per Revenue stands at 3.348 whereas that against EBITDA is 8.217.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.11, which has changed by 1.5171597 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, GRRR has reached a high of $25.88, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 53.47%, while the 200-Day Moving Average is calculated to be 228.85%.
Shares Statistics:
The stock has traded on average 2.72M shares per day over the past 3-months and 2114050 shares per day over the last 10 days, according to various share statistics. A total of 68.92M shares are outstanding, with a floating share count of 9.49M. Insiders hold about 14.61% of the company’s shares, while institutions hold 1.78% stake in the company. Shares short for GRRR as of 1738281600 were 1238578 with a Short Ratio of 0.51, compared to 1735603200 on 2350296. Therefore, it implies a Short% of Shares Outstanding of 1238578 and a Short% of Float of 6.760000400000001.
