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The closing price of Gorilla Technology Group Inc (NASDAQ: GRRR) was $22.38 for the day, up 4.97% from the previous closing price of $21.32. In other words, the price has increased by $4.97 from its previous closing price. On the day, 3.29 million shares were traded. GRRR stock price reached its highest trading level at $24.8799 during the session, while it also had its lowest trading level at $21.26.
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 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 452572832 and an Enterprise Value of 434628096. Its current Enterprise Value per Revenue stands at 5.162 whereas that against EBITDA is 16.131.
Stock Price History:
The Beta on a monthly basis for GRRR is -0.26, which has changed by 7.413534 over the last 52 weeks, in comparison to a change of 0.12748289 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 20.22%, while the 200-Day Moving Average is calculated to be 50.39%.
Shares Statistics:
GRRR traded an average of 2.12M shares per day over the past three months and 3600730 shares per day over the past ten 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 1749772800 were 1318737 with a Short Ratio of 0.62, compared to 1747267200 on 1416509. Therefore, it implies a Short% of Shares Outstanding of 1318737 and a Short% of Float of 6.6300004999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of Gorilla Technology Group Inc (GRRR) is currently drawing attention from 1 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.25, with high estimates of $0.25 and low estimates of $0.25.
Analysts are recommending an EPS of between $0.97 and $0.97 for the fiscal current year, implying an average EPS of $0.97.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $27.5M. There is a high estimate of $28M for the next quarter, whereas the lowest estimate is $27M.
A total of 2 analysts have provided revenue estimates for GRRR’s current fiscal year. The highest revenue estimate was $102.26M, while the lowest revenue estimate was $100.01M, resulting in an average revenue estimate of $101.13M. In the same quarter a year ago, actual revenue was $74.67MBased on 2 analysts’ estimates, the company’s revenue will be $130.01M in the next fiscal year. The high estimate is $134M and the low estimate is $126.01M.
