Gorilla Technology Group Inc (NASDAQ:GRRR) 30.57% Up Over The Last Seven Days. Can The Stock Hit Well Above $1.30?

In recent trading session, Gorilla Technology Group Inc (NASDAQ:GRRR) saw 0.85 million shares changing hands at last check today with its beta currently measuring 0.55. Company’s recent per share price level of $5.68 trading at $0.65 or 12.92% at last check today assigns it a market valuation of $63.11M. That most recent trading price of GRRR’s stock is at a discount of -128.87% from its 52-week high price of $13.00 and is indicating a premium of 63.2% from its 52-week low price of $2.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.62 million shares which gives us an average trading volume of 783.10K if we extend that period to 3-months.

For Gorilla Technology Group Inc (GRRR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

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Gorilla Technology Group Inc (NASDAQ:GRRR) trade information

Upright in the green today for gaining 12.92%, in the last five days GRRR remained trading in the green while hitting it’s week-highest on Friday, 11/29/24 when the stock touched $5.68 price level, adding 6.89% to its value on the day. Gorilla Technology Group Inc’s shares saw a change of 5.30% in year-to-date performance and have moved 30.57% in past 5-day. Gorilla Technology Group Inc (NASDAQ:GRRR) showed a performance of 26.79% in past 30-days. Number of shares sold short was 0.75 million shares which calculate 1.3 days to cover the short interests.

Gorilla Technology Group Inc (GRRR) estimates and forecasts

Statistics highlight that Gorilla Technology Group Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -5.18% of value to its shares in past 6 months, showing an annual growth rate of -79.88% while that of industry is 18.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 10.08% from the last financial year’s standing.