Better Times Ahead For Gorilla Technology Group Inc (NASDAQ: GRRR)?

Gorilla Technology Group Inc (GRRR) concluded trading on Tuesday at a closing price of $13.68, with 2.35 million shares of worth about $32.11 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 378.60% during that period and on December 24, 2024 the price saw a loss of about -2.01%. Currently the company’s common shares owned by public are about 68.92M shares, out of which, 9.49M shares are available for trading.

Stock saw a price change of 33.14% in past 5 days and over the past one month there was a price change of 185.36%. Year-to-date (YTD), GRRR shares are showing a performance of 152.87% which increased to 153.30% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.09 but also hit the highest price of $14.64 during that period. The average intraday trading volume for Gorilla Technology Group Inc shares is 1.30 million. The stock is currently trading 57.74% above its 20-day simple moving average (SMA20), while that difference is up 123.96% for SMA50 and it goes to 181.44% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Gorilla Technology Group Inc (NASDAQ: GRRR) currently have 68.92M outstanding shares and institutions hold larger chunk of about 1.06% of that.

The stock has a current market capitalization of $148.95M and its 3Y-monthly beta is at 0.41. It has Quick Ratio of 1.43 while making debt-to-equity ratio of 0.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GRRR, volatility over the week remained 17.68% while standing at 15.17% over the month.

Stock’s fiscal year EPS is expected to drop by -71.20% while it is estimated to decrease by -42.36% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on July 26, 2023 offering an Overweight rating for the stock and assigned a target price of $4.80 to it.

Most Popular

Related Posts