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The closing price of Gorilla Technology Group Inc (NASDAQ: GRRR) was $26.93 for the day, down -8.65% from the previous closing price of $29.48. In other words, the price has decreased by -$8.65 from its previous closing price. On the day, 2.46 million shares were traded. GRRR stock price reached its highest trading level at $28.93 during the session, while it also had its lowest trading level at $26.31.
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 1.43 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 544338816 and an Enterprise Value of 335809888. Its current Enterprise Value per Revenue stands at 4.254 whereas that against EBITDA is 10.441.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.32, which has changed by 2.5019505 over the last 52 weeks, in comparison to a change of 0.07465422 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 22.35%, while the 200-Day Moving Average is calculated to be 195.76%.
Shares Statistics:
GRRR traded an average of 4.31M shares per day over the past three months and 6215740 shares per day over the past ten days. A total of 68.92M shares are outstanding, with a floating share count of 16.84M. Insiders hold about 8.79% of the company’s shares, while institutions hold 7.90% stake in the company. Shares short for GRRR as of 1740700800 were 1225842 with a Short Ratio of 0.28, compared to 1738281600 on 1238578. Therefore, it implies a Short% of Shares Outstanding of 1225842 and a Short% of Float of 6.69.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current market rating for Gorilla Technology Group Inc (GRRR) reflects the collective analysis of 1 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.36, with high estimates of $0.36 and low estimates of $0.36.
Analysts are recommending an EPS of between $0.35 and $0.35 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.28, with 1.0 analysts recommending between $0.28 and $0.28.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $25M to a low estimate of $15M. As of the current estimate, Gorilla Technology Group Inc’s year-ago sales were $31.53MFor the next quarter, 2 analysts are estimating revenue of $30.54M. There is a high estimate of $36.09M for the next quarter, whereas the lowest estimate is $25M.
A total of 2 analysts have provided revenue estimates for GRRR’s current fiscal year. The highest revenue estimate was $71.76M, while the lowest revenue estimate was $70.67M, resulting in an average revenue estimate of $71.22M. In the same quarter a year ago, actual revenue was $64.69MBased on 2 analysts’ estimates, the company’s revenue will be $98.59M in the next fiscal year. The high estimate is $100M and the low estimate is $97.18M.
