The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Gorilla Technology Group Inc (NASDAQ: GRRR) closed at $21.97 in the last session, up 7.70% from day before closing price of $20.4. In other words, the price has increased by $7.70% from its previous closing price. On the day, 5.15 million shares were traded. GRRR stock price reached its highest trading level at $24.7485 during the session, while it also had its lowest trading level at $21.5.
Ratios:
We take a closer look at GRRR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.48 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 444281728 and an Enterprise Value of 426633952. Its current Enterprise Value per Revenue stands at 5.067 whereas that against EBITDA is 15.835.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.31, which has changed by 6.7087717 over the last 52 weeks, in comparison to a change of 0.11213791 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 19.20%, while the 200-Day Moving Average is calculated to be 50.40%.
Shares Statistics:
According to the various share statistics, GRRR traded on average about 2.10M shares per day over the past 3-months and 3266120 shares per day over the past 10 days. A total of 20.22M shares are outstanding, with a floating share count of 19.11M. Insiders hold about 5.49% of the company’s shares, while institutions hold 10.21% stake in the company. Shares short for GRRR as of 1748563200 were 1240363 with a Short Ratio of 0.59, compared to 1745971200 on 1365686. Therefore, it implies a Short% of Shares Outstanding of 1240363 and a Short% of Float of 6.23.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
