In the last trading session, 2.54 million shares of the Gorilla Technology Group Inc (NASDAQ:GRRR) were traded, and its beta was -0.22. Most recently the company’s share price was $25.15, and it changed around $1.48 or 6.25% from the last close, which brings the market valuation of the company to $464.39M. GRRR currently trades at a discount to its 52-week high of $44.15, offering almost -75.55% off that amount. The share price’s 52-week low was $2.09, which indicates that the current value has risen by an impressive 91.69% since then. We note from Gorilla Technology Group Inc’s average daily trading volume that its 10-day average is 4.33 million shares, with the 3-month average coming to 4.22 million.
Gorilla Technology Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended GRRR as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Gorilla Technology Group Inc is expected to report earnings per share of -0.17 for the current quarter.
Gorilla Technology Group Inc (NASDAQ:GRRR) trade information
Instantly GRRR has showed a green trend with a performance of 6.25% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 34.12 on recent trading dayincreased the stock’s daily price by 26.29%. The company’s shares are currently up 39.26% year-to-date, but still down -25.13% over the last five days. On the other hand, Gorilla Technology Group Inc (NASDAQ:GRRR) is -16.14% down in the 30-day period. We can see from the shorts that 1.23 million shares have been sold at a short interest cover period of 0.38 day(s).
Gorilla Technology Group Inc (GRRR) estimates and forecasts
The year-over-year growth rate is expected to be 10.08%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 20M in revenue for the current quarter. 2 analysts expect Gorilla Technology Group Inc to make 30.54M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 31.53M and 26.73M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -36.58%. Forecasts for the next quarter put sales growth at 14.26%.
GRRR Dividends
Gorilla Technology Group Inc’s next quarterly earnings report is expected to be released on 2024-Apr-03.
Gorilla Technology Group Inc (NASDAQ:GRRR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.08% of Gorilla Technology Group Inc shares, and 10.13% of them are in the hands of institutional investors. The stock currently has a share float of 10.79%.
The former held 100.0 shares worth $2.51 million, making up 1.12% of all outstanding shares.
