During the last session, Gorilla Technology Group Inc (NASDAQ:GRRR)’s traded shares were 1.93 million, with the beta value of the company hitting -0.32. At the end of the trading day, the stock’s price was $18.81, reflecting an intraday gain of 1.95% or $0.36. The 52-week high for the GRRR share is $44.15, that puts it down -134.72 from that peak though still a striking 88.89% gain since the share price plummeted to a 52-week low of $2.09. The company’s market capitalization is $380.38M, and the average intraday trading volume over the past 10 days was 1.67 million shares, and the average trade volume was 1.91 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 0.19.
Gorilla Technology Group Inc (NASDAQ:GRRR) trade information
Gorilla Technology Group Inc (GRRR) registered a 1.95% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.95% in intraday trading to $18.81, hitting a weekly high. The stock’s 5-day price performance is -11.36%, and it has moved by 11.57% in 30 days. Based on these gigs, the overall price performance for the year is 516.72%. The short interest in Gorilla Technology Group Inc (NASDAQ:GRRR) is 1.24 million shares and it means that shorts have 0.97 day(s) to cover.
Gorilla Technology Group Inc (GRRR) estimates and forecasts
In the rating firms’ projections, revenue will increase 33.92% 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 23M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 28.5M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -90.18%. While earnings are projected to return -62.38% in 2025.
GRRR Dividends
Gorilla Technology Group Inc is due to release its next quarterly earnings on 2024-Apr-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 0.17 million shares, is of HIGHBRIDGE CAPITAL MANAGEMENT LLC’s that is approximately 1.6129% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.48 million.
