Gorilla Technology Group Inc (NASDAQ: GRRR) is -31.41% lower on its value in year-to-date trading and has touched a low of $2.09 and a high of $13.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GRRR stock was last observed hovering at around $4.10 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $3.70, the stock is -0.07% and 20.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing -9.76% at the moment leaves the stock -28.32% off its SMA200. GRRR registered -56.60% loss for a year compared to 6-month loss of -49.45%. The firm has a 50-day simple moving average (SMA 50) of $3.0826 and a 200-day simple moving average (SMA200) of $5.15075.
The stock witnessed a 12.46% gain in the last 1 month and extending the period to 3 months gives it a 37.55%, and is -7.96% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.36% over the week and 11.17% over the month.
Fwd P/E is 8.92. Distance from 52-week low is 77.03% and -71.54% from its 52-week high.
The EPS is expected to shrink by -71.20% this year
The shares outstanding are 68.92M, and float is at 9.44M with Short Float at 12.53%.
