For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Gorilla Technology Group Inc (NASDAQ: GRRR) closed the day trading at $5.36 up 7.20% from the previous closing price of $5.00. In other words, the price has increased by $7.20 from its previous closing price. On the day, 0.75 million shares were traded. GRRR stock price reached its highest trading level at $5.54 during the session, while it also had its lowest trading level at $4.91.
Ratios:
For a better understanding of GRRR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 46625624 and an Enterprise Value of 35803744. Its current Enterprise Value per Revenue stands at 0.553 whereas that against EBITDA is 1.181.
Stock Price History:
The Beta on a monthly basis for GRRR is 0.55, which has changed by -0.70055866 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, GRRR has reached a high of $69.80, while it has fallen to a 52-week low of $4.79. The 50-Day Moving Average of the stock is -26.94%, while the 200-Day Moving Average is calculated to be -47.10%.
Shares Statistics:
Over the past 3-months, GRRR traded about 578.82K shares per day on average, while over the past 10 days, GRRR traded about 680330 shares per day. A total of 8.70M shares are outstanding, with a floating share count of 5.70M. Insiders hold about 34.49% of the company’s shares, while institutions hold 2.22% stake in the company. Shares short for GRRR as of 1713139200 were 161544 with a Short Ratio of 0.10, compared to 1710460800 on 147975. Therefore, it implies a Short% of Shares Outstanding of 161544 and a Short% of Float of 2.35.
Earnings Estimates
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 $0.13, with 3 analysts recommending between $0.15 and $0.11.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $4.4M. There is a high estimate of $6.45M for the next quarter, whereas the lowest estimate is $6.45M.
Based on 3 analysts’ estimates, the company’s revenue will be $64.69M in the next fiscal year. The high estimate is $67.4M and the low estimate is $63.96M.
