Gorilla Technology Group Inc (NASDAQ: GRRR) Has Lost -11.38% YTD: Is There Trouble Ahead?

During the last session, Gorilla Technology Group Inc (NASDAQ:GRRR)’s traded shares were 0.87 million, with the beta value of the company hitting 0.48. At the end of the trading day, the stock’s price was $4.78, reflecting an intraday gain of 9.89% or $0.43. The 52-week high for the GRRR share is $13.00, that puts it down -171.97 from that peak though still a striking 56.28% gain since the share price plummeted to a 52-week low of $2.09. The company’s market capitalization is $53.11M, and the average intraday trading volume over the past 10 days was 0.44 million shares, and the average trade volume was 737.90K shares over the past three months.

Gorilla Technology Group Inc (GRRR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. GRRR has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

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Gorilla Technology Group Inc (NASDAQ:GRRR) trade information

Gorilla Technology Group Inc (GRRR) registered a 9.89% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.89% in intraday trading to $4.78, hitting a weekly high. The stock’s 5-day price performance is 16.02%, and it has moved by 2.14% in 30 days. Based on these gigs, the overall price performance for the year is -31.71%. The short interest in Gorilla Technology Group Inc (NASDAQ:GRRR) is 0.59 million shares and it means that shorts have 0.81 day(s) to cover.

Gorilla Technology Group Inc (GRRR) estimates and forecasts

Statistics show that Gorilla Technology Group Inc has underperformed its competitors in share price, compared to the industry in which it operates. Gorilla Technology Group Inc (GRRR) shares have gone down -12.13% during the last six months, with a year-to-date growth rate less than the industry average at -79.88% against 18.60. In the rating firms’ projections, revenue will increase 10.08% compared to the previous financial year.

While earnings are projected to return -71.20% in 2024.

GRRR Dividends

Gorilla Technology Group Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Data provided on Sep 30, 2024 indicates that Unified Series Trust-Auer Growth Fd owns about 100.0 shares. This amounts to just over 1.12 percent of the company’s overall shares, with a $0.48 million market value.