Gorilla Technology Group Inc (NASDAQ: GRRR) is -35.49% lower on its value in year-to-date trading and has touched a low of $2.09 and a high of $25.88 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 $16.73 in the last trading session, with the day’s loss setting it -5.08%.
Currently trading at $11.65, the stock is -21.40% and 29.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.04 million and changing -30.36% at the moment leaves the stock 115.16% off its SMA200. GRRR registered 102.61% gain for a year compared to 6-month gain of 325.18%. The firm has a 50-day simple moving average (SMA 50) of $8.9679 and a 200-day simple moving average (SMA200) of $5.414625.
The stock witnessed a 47.28% loss in the last 1 month and extending the period to 3 months gives it a 182.77%, and is -52.12% 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 23.87% over the week and 22.16% over the month.
Fwd P/E is 20.09. Distance from 52-week low is 457.42% and -54.98% from its 52-week high.
with sales reaching $20M over the same period.The EPS is expected to shrink by -71.20% this year, but quarterly earnings will post 10.08% year-over-year. Quarterly sales are estimated to shrink -36.58% in year-over-year returns.
Gorilla Technology Group Inc (GRRR) Top Institutional Holders
The shares outstanding are 68.92M, and float is at 9.49M with Short Float at 24.77%.
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Gorilla Technology Group Inc (GRRR) Insider Activity
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