In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Gorilla Technology Group Inc (NASDAQ: GRRR) closed at $16.39 in the last session, up 2.57% from day before closing price of $15.98. In other words, the price has increased by $2.57 from its previous closing price. On the day, 0.58 million shares were traded. GRRR stock price reached its highest trading level at $16.53 during the session, while it also had its lowest trading level at $15.95.
Ratios:
We take a closer look at GRRR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.48 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 371544896 and an Enterprise Value of 317835584. Its current Enterprise Value per Revenue stands at 3.775 whereas that against EBITDA is -9.764.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.28, which has changed by 6.316964 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. 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 -16.06%, while the 200-Day Moving Average is calculated to be -2.40%.
Shares Statistics:
According to the various share statistics, GRRR traded on average about 2.08M shares per day over the past 3-months and 1026240 shares per day over the past 10 days. A total of 22.67M shares are outstanding, with a floating share count of 21.42M. Insiders hold about 5.49% of the company’s shares, while institutions hold 9.19% stake in the company. Shares short for GRRR as of 1752537600 were 2875089 with a Short Ratio of 1.38, compared to 1749772800 on 1318737. Therefore, it implies a Short% of Shares Outstanding of 2875089 and a Short% of Float of 12.86.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
