Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Gorilla Technology Group Inc (NASDAQ: GRRR) closed at $21.23 down -4.76% from its previous closing price of $22.29. In other words, the price has decreased by -$4.76 from its previous closing price. On the day, 1.3 million shares were traded.
Ratios:
For a deeper understanding of Gorilla Technology Group Inc’s stock, let’s take a closer look at its various ratios.
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.
Stock Price History:
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 15.73%, while the 200-Day Moving Average is calculated to be 53.71%.
Shares Statistics:
A total of 20.22M shares are outstanding, with a floating share count of 19.11M. Insiders hold about 5.49% of the company’s shares, while institutions hold 10.21% stake in the company.