The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Gorilla Technology Group Inc’s stock clocked out at $6.89, down -6.13% from its previous closing price of $7.34. In other words, the price has decreased by -$6.13 from its previous closing price. On the day, 1.58 million shares were traded. GRRR stock price reached its highest trading level at $7.3 during the session, while it also had its lowest trading level at $6.4.
Ratios:
To gain a deeper understanding of GRRR’s stock, we examine 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 80002544 and an Enterprise Value of 103117728. Its current Enterprise Value per Revenue stands at 1.306 whereas that against EBITDA is 3.206.
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 54.21%, while the 200-Day Moving Average is calculated to be 44.66%.
Shares Statistics:
It appears that GRRR traded 895.08K shares on average per day over the past three months and 1277000 shares per day over the past ten days. A total of 68.92M shares are outstanding, with a floating share count of 9.44M. Shares short for GRRR as of 1731628800 were 745302 with a Short Ratio of 0.83, compared to 1728950400 on 623446. Therefore, it implies a Short% of Shares Outstanding of 745302 and a Short% of Float of 6.5.
