In the latest trading session, 1.29 million Gorilla Technology Group Inc (NASDAQ:GRRR) shares changed hands as the company’s beta touched -0.40. With the company’s most recent per share price at $33.10 changed hands at -$0.49 or -1.46% at last look, the market valuation stands at $611.20M. GRRR’s current price is a discount, trading about -33.38% off its 52-week high of $44.15. The share price had its 52-week low at $2.09, which suggests the last value was 93.69% up since then. When we look at Gorilla Technology Group Inc’s average trading volume, we note the 10-day average is 7.12 million shares, with the 3-month average coming to 4.21 million.
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 -0.17.
Gorilla Technology Group Inc (NASDAQ:GRRR) trade information
Instantly GRRR was in red as seen in intraday trades today. With action 36.78%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 83.28%, with the 5-day performance at 36.78% in the green. However, in the 30-day time frame, Gorilla Technology Group Inc (NASDAQ:GRRR) is 9.10% up. Looking at the short shares, we see there were 1.23 million shares sold at short interest cover period of 0.38 days.
Gorilla Technology Group Inc (GRRR) estimates and forecasts
Year-over-year growth is forecast to reach 10.08% up from the last financial year. Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 20M. 2 analysts are of the opinion that Gorilla Technology Group Inc’s revenue for the current quarter will be 30.54M. The company’s revenue for the corresponding quarters a year ago was 31.53M and 26.73M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -36.58%. The estimates for the next quarter sales put growth at 14.26%. The 2025 estimates are for Gorilla Technology Group Inc earnings to decrease by -71.20%.
Gorilla Technology Group Inc (NASDAQ:GRRR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.08% of Gorilla Technology Group Inc shares while 10.13% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.79%. MORGAN STANLEY holds the second largest percentage of outstanding shares. With 100.0 shares estimated at $3.21 million under it, the former controlled 1.12% of total outstanding shares.
