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.
In the latest session, Gorilla Technology Group Inc (NASDAQ: GRRR) closed at $25.15 up 6.25% from its previous closing price of $23.67. In other words, the price has increased by $6.25 from its previous closing price. On the day, 2.54 million shares were traded. GRRR stock price reached its highest trading level at $25.73 during the session, while it also had its lowest trading level at $22.3.
Ratios:
For a deeper understanding of Gorilla Technology Group Inc’s stock, let’s take a closer look at its various 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 464387200 and an Enterprise Value of 315141632. Its current Enterprise Value per Revenue stands at 3.992 whereas that against EBITDA is 9.798.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.22, which has changed by 2.1835444 over the last 52 weeks, in comparison to a change of 0.086116076 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 12.67%, while the 200-Day Moving Average is calculated to be 167.75%.
Shares Statistics:
For the past three months, GRRR has traded an average of 4.22M shares per day and 4332490 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 0.29, 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
