Gorilla Technology Group Inc (NASDAQ:GRRR)’s traded shares stood at 1.01 million during the latest session, with the company’s beta value hitting -0.04. At the last check today, the stock’s price was $15.20, to imply a decrease of -3.89% or -$0.62 in intraday trading. The GRRR share’s 52-week high remains $25.88, putting it -70.26% down since that peak but still an impressive 86.25% since price per share fell to its 52-week low of $2.09. The company has a valuation of $280.75M, with an average of 5.13 million shares in intraday trading volume over the past 10 days and average of 2.28 million 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 -0.17.
Gorilla Technology Group Inc (NASDAQ:GRRR) trade information
After registering a -3.89% downside in the latest session, Gorilla Technology Group Inc (GRRR) has traded red over the past five days. The 5-day price performance for the stock is -9.12%, and 71.32% over 30 days. With these gigs, the year-to-date price performance is -15.81%. Short interest in Gorilla Technology Group Inc (NASDAQ:GRRR) saw shorts transact 2.35 million shares and set a 0.65 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 422.51% up over the last 6 months, with its year-to-date growth rate lower than industry average at -84.76% against 15.70%. The rating firms project that company’s revenue will grow 10.08% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 20M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 30.54M.Earnings reports from the last fiscal year show that sales brought in 31.53M and 26.73M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -36.58% before jumping 14.26% in the following quarter.
GRRR Dividends
Gorilla Technology Group Inc has its next earnings report out in February. 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.
Gorilla Technology Group Inc (NASDAQ:GRRR)’s Major holders
Going by data provided on Sep 30, 2024, Unified Series Trust-Auer Growth Fd holds roughly 100.0 shares. This is just over 1.12% of the total shares, with a market valuation of $1.51 million
