Gorilla Technology Group Inc (NASDAQ:GRRR) Is Currently -2.12% Below Its 52-Week High, But Upside Potential Is Still There.

In last trading session, Gorilla Technology Group Inc (NASDAQ:GRRR) saw 4.69 million shares changing hands with its beta currently measuring 0.35. Company’s recent per share price level of $12.73 trading at $1.61 or 14.52% at ring of the bell on the day assigns it a market valuation of $141.51M. That closing price of GRRR’s stock is at a discount of -2.12% from its 52-week high price of $13.00 and is indicating a premium of 83.58% 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 3.2 million shares which gives us an average trading volume of 1.17 million 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 -0.17 in the current quarter.

Gorilla Technology Group Inc (NASDAQ:GRRR) trade information

Upright in the green during last session for gaining 14.52%, in the last five days GRRR remained trading in the green while hitting it’s week-highest on Thursday, 12/19/24 when the stock touched $12.73 price level, adding 6.26% to its value on the day. Gorilla Technology Group Inc’s shares saw a change of 136.10% in year-to-date performance and have moved 65.60% in past 5-day. Gorilla Technology Group Inc (NASDAQ:GRRR) showed a performance of 224.87% in past 30-days. Number of shares sold short was 0.86 million shares which calculate 1.42 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 added 318.91% of value to its shares in past 6 months, showing an annual growth rate of -79.88% while that of industry is 17.40. 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.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 20M for the same. And 2 analysts are in estimates of company making revenue of 30.54M in the next quarter. Company posted 31.53M and 26.73M of sales in current and next quarters respectively a year earlier.