Gorilla Technology Group Inc (GRRR) Has Great Growth Outlook For 2024

Gorilla Technology Group Inc (NASDAQ:GRRR) has a beta value of 0.42 and has seen 0.2 million shares traded in the last trading session. The company, currently valued at $34.44M, closed the last trade at $3.10 per share which meant it lost -$0.14 on the day or -4.32% during that session. The GRRR stock price is -422.58% off its 52-week high price of $16.20 and 32.58% above the 52-week low of $2.09. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.17 million shares traded. The 3-month trading volume is 212.58K shares.

The consensus among analysts is that Gorilla Technology Group Inc (GRRR) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

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Gorilla Technology Group Inc (NASDAQ:GRRR) trade information

Sporting -4.32% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GRRR stock price touched $3.10 or saw a rise of 10.14%. Year-to-date, Gorilla Technology Group Inc shares have moved -42.53%, while the 5-day performance has seen it change 17.42%. Over the past 30 days, the shares of Gorilla Technology Group Inc (NASDAQ:GRRR) have changed 24.50%. Short interest in the company has seen 0.35 million shares shorted with days to cover at 2.77.

Gorilla Technology Group Inc (GRRR) estimates and forecasts

Figures show that Gorilla Technology Group Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -64.94% over the past 6 months, with this year growth rate of -209.76%, compared to 17.40% for the industry.

GRRR Dividends

Gorilla Technology Group Inc is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.