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The closing price of Gorilla Technology Group Inc (NASDAQ: GRRR) was $4.94 for the day, down -2.95% from the previous closing price of $5.09. In other words, the price has decreased by -$2.95 from its previous closing price. On the day, 0.54 million shares were traded. GRRR stock price reached its highest trading level at $5.17 during the session, while it also had its lowest trading level at $4.76.
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 57360316 and an Enterprise Value of 80475528. Its current Enterprise Value per Revenue stands at 1.019 whereas that against EBITDA is 2.502.
Stock Price History:
Over the past 52 weeks, GRRR has reached a high of $13.00, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 15.52%, while the 200-Day Moving Average is calculated to be 2.85%.
Shares Statistics:
GRRR traded an average of 760.58K shares per day over the past three months and 515680 shares per day over the past ten days. A total of 68.92M shares are outstanding, with a floating share count of 9.44M. Insiders hold about 15.03% of the company’s shares, while institutions hold 1.96% stake in the company. Shares short for GRRR as of 1731628800 were 745302 with a Short Ratio of 0.77, compared to 1728950400 on 623446. Therefore, it implies a Short% of Shares Outstanding of 745302 and a Short% of Float of 6.5.
