Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Gorilla Technology Group Inc’s stock clocked out at $19.71, down -16.20% from its previous closing price of $23.52. In other words, the price has decreased by -$16.20 from its previous closing price. On the day, 5.1 million shares were traded. GRRR stock price reached its highest trading level at $22.79 during the session, while it also had its lowest trading level at $18.69.
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 228860688 and an Enterprise Value of 251975680. Its current Enterprise Value per Revenue stands at 3.192 whereas that against EBITDA is 7.834.
Stock Price History:
Over the past 52 weeks, GRRR has reached a high of $25.88, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 136.61%, while the 200-Day Moving Average is calculated to be 271.53%.
Shares Statistics:
It appears that GRRR traded 1.77M shares on average per day over the past three months and 4715740 shares per day over the past ten days. A total of 68.92M shares are outstanding, with a floating share count of 9.49M. Insiders hold about 14.61% of the company’s shares, while institutions hold 1.06% stake in the company. Shares short for GRRR as of 1734048000 were 1557107 with a Short Ratio of 0.88, compared to 1731628800 on 745302. Therefore, it implies a Short% of Shares Outstanding of 1557107 and a Short% of Float of 13.59.
