Gorilla Technology Group Inc (NASDAQ: GRRR) Has Fallen -204.45% From Its Highs, What Comes Next?

Gorilla Technology Group Inc (NASDAQ:GRRR)’s traded shares stood at 0.67 million during the last session, with the company’s beta value hitting 0.51. At the close of trading, the stock’s price was $4.27, to imply an increase of 12.37% or $0.47 in intraday trading. The GRRR share’s 52-week high remains $13.00, putting it -204.45% down since that peak but still an impressive 51.05% since price per share fell to its 52-week low of $2.09. The company has a valuation of $47.44M, with an average of 0.99 million shares in intraday trading volume over the past 10 days and average of 535.40K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Gorilla Technology Group Inc (GRRR), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give GRRR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.32.

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) trade information

After registering a 12.37% upside in the last session, Gorilla Technology Group Inc (GRRR) has traded red over the past five days. The 5-day price performance for the stock is 2.89%, and 33.44% over 30 days. With these gigs, the year-to-date price performance is -20.84%. Short interest in Gorilla Technology Group Inc (NASDAQ:GRRR) saw shorts transact 1.18 million shares and set a 1.61 days time to cover.

Gorilla Technology Group Inc (GRRR) estimates and forecasts

Looking at statistics comparing Gorilla Technology Group Inc share performance against respective industry, we note that the company has underperformed competitors. Gorilla Technology Group Inc (GRRR) shares are -49.17% down over the last 6 months, with its year-to-date growth rate lower than industry average at -79.88% against 18.10%. The rating firms project that company’s revenue will grow 19.20% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is 8.57M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 12.48M.

GRRR Dividends

Gorilla Technology Group Inc has its next earnings report out on 2024-Apr-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.