Financial Metrics Exploration: Understanding Gorilla Technology Group Inc (GRRR) Through Ratios

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The closing price of Gorilla Technology Group Inc (NASDAQ: GRRR) was $17.22 for the day, down -0.23% from the previous closing price of $17.26. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 0.76 million shares were traded.

Ratios:

Our analysis of GRRR’s different ratios will help us gain a deeper understanding of the company.

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 -10.73%, while the 200-Day Moving Average is calculated to be 31.29%.

Shares Statistics:

A total of 68.92M shares are outstanding, with a floating share count of 18.44M. Insiders hold about 8.79% of the company’s shares, while institutions hold 10.21% stake in the company.

Earnings Estimates

The current rating of Gorilla Technology Group Inc (GRRR) is the result of assessments by 1 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.19, with high estimates of $0.19 and low estimates of $0.19.

Analysts are recommending an EPS of between $0.76 and $0.76 for the fiscal current year, implying an average EPS of $0.76. EPS for the following year is $1.01, with 1.0 analysts recommending between $1.01 and $1.01.

Revenue Estimates

For the next quarter, 2 analysts are estimating revenue of $23M. There is a high estimate of $25M for the next quarter, whereas the lowest estimate is $21M.

A total of 2 analysts have provided revenue estimates for GRRR’s current fiscal year. The highest revenue estimate was $100M, while the lowest revenue estimate was $100M, resulting in an average revenue estimate of $100M. In the same quarter a year ago, actual revenue was $74.67MBased on 2 analysts’ estimates, the company’s revenue will be $130.68M in the next fiscal year. The high estimate is $135.35M and the low estimate is $126M.

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