In the last trading session, 1.58 million Gorilla Technology Group Inc (NASDAQ:GRRR) shares changed hands as the company’s beta touched 0.66. With the company’s per share price at $6.89 changed hands at -$0.45 or -6.13% during last session, the market valuation stood at $76.56M. GRRR’s last price was a discount, traded about -88.68% off its 52-week high of $13.00. The share price had its 52-week low at $2.09, which suggests the last value was 69.67% up since then. When we look at Gorilla Technology Group Inc’s average trading volume, we note the 10-day average is 1.28 million shares, with the 3-month average coming to 895.08K.
Analysts gave the Gorilla Technology Group Inc (GRRR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GRRR as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Gorilla Technology Group Inc’s EPS for the current quarter is expected to be 0.
Gorilla Technology Group Inc (NASDAQ:GRRR) trade information
Instantly GRRR was in red as seen at the end of in last trading. With action 35.36%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 27.73%, with the 5-day performance at 35.36% in the green. However, in the 30-day time frame, Gorilla Technology Group Inc (NASDAQ:GRRR) is 57.31% up. Looking at the short shares, we see there were 0.75 million shares sold at short interest cover period of 1.3 days.
Gorilla Technology Group Inc (GRRR) estimates and forecasts
Data shows that the Gorilla Technology Group Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 14.26% over the past 6 months, a -79.88% in annual growth rate that is considerably lower than the industry average of 16.80%. Year-over-year growth is forecast to reach 10.08% up from the last financial year.
The 2024 estimates are for Gorilla Technology Group Inc earnings to decrease by -71.20%.
GRRR Dividends
Gorilla Technology Group Inc is expected to release its next quarterly earnings report in January.
MORGAN STANLEY holds the second largest percentage of outstanding shares.
