Gorilla Technology Group Inc (NASDAQ: GRRR) Has Been Rising 137.25% Since The Beginning Of The Year. Troubles Ahead?

During the last session, Gorilla Technology Group Inc (NASDAQ:GRRR)’s traded shares were 3.53 million, with the beta value of the company hitting -0.10. At the end of the trading day, the stock’s price was $24.20, reflecting an intraday gain of 16.51% or $3.43. The 52-week high for the GRRR share is $25.88, that puts it down -6.94 from that peak though still a striking 91.36% gain since the share price plummeted to a 52-week low of $2.09. The company’s market capitalization is $446.84M, and the average trade volume was 2.75 million 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 -0.17.

Gorilla Technology Group Inc (NASDAQ:GRRR) trade information

Gorilla Technology Group Inc (GRRR) registered a 16.51% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 16.51% in intraday trading to $24.20, hitting a weekly high. The stock’s 5-day price performance is 54.44%, and it has moved by 100.50% in 30 days. Based on these gigs, the overall price performance for the year is 137.25%.

Gorilla Technology Group Inc (GRRR) estimates and forecasts

In the rating firms’ projections, revenue will increase 10.08% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 20M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 30.54M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 31.53M and 26.73M respectively. In this case, analysts expect current quarter sales to shrink by -36.58% and then jump by 14.26% in the coming quarter.

While earnings are projected to return -71.20% in 2025.

GRRR Dividends

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