The closing price of Gorilla Technology Group Inc (NASDAQ: GRRR) was $0.80 for the day, down -9.51% from the previous closing price of $0.88. In other words, the price has decreased by -$0.0841 from its previous closing price. On the day, 2609158 shares were traded.
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Ratios:
Our analysis of GRRR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.15.
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 70.41M and an Enterprise Value of 89.46M. Its current Enterprise Value per Revenue stands at 2.14 whereas that against EBITDA is 11.94.
Stock Price History:
Over the past 52 weeks, GRRR has reached a high of $12.36, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is 0.6789, while the 200-Day Moving Average is calculated to be 1.3137.
Shares Statistics:
GRRR traded an average of 3.98M shares per day over the past three months and 1.16M shares per day over the past ten days. A total of 71.36M shares are outstanding, with a floating share count of 41.24M. Insiders hold about 40.16% of the company’s shares, while institutions hold 1.33% stake in the company. Shares short for GRRR as of Feb 15, 2024 were 2.23M with a Short Ratio of 0.56, compared to 675.16k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.80% and a Short% of Float of 3.63%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0.05, with 3 analysts recommending between $0.15 and -$0.11.
Revenue Estimates
Based on 3 analysts’ estimates, the company’s revenue will be $65.25M in the next fiscal year. The high estimate is $67.4M and the low estimate is $63.96M. The average revenue growth estimate for next year is up 191.20% from the average revenue estimate for this year.
