Gorilla Technology Group Inc (NASDAQ: GRRR) is -19.35% 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 $3.92 in the last trading session, with the day’s gains setting it 0.43%.
Currently trading at $4.35, the stock is 1.02% and 3.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 10.97% at the moment leaves the stock -10.77% off its SMA200. GRRR registered -36.96% loss for a year compared to 6-month loss of -17.77%. The firm has a 50-day simple moving average (SMA 50) of $4.182 and a 200-day simple moving average (SMA200) of $4.9092.
The stock witnessed a -7.45% gain in the last 1 month and extending the period to 3 months gives it a 64.77%, and is 1.16% up 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 8.04% over the week and 7.56% over the month.
Fwd P/E is 10.48. Distance from 52-week low is 108.13% and -66.54% 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 6.23%.
