Gorilla Technology Group Inc (NASDAQ: GRRR) is -6.70% lower on its value in year-to-date trading and has touched a low of $2.09 and a high of $44.15 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 $18.99 in the last trading session, with the day’s loss setting it -2.14%.
Currently trading at $16.85, the stock is -34.23% and -30.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.33 million and changing -11.27% at the moment leaves the stock 62.20% off its SMA200. GRRR registered 130.19% gain for a year compared to 6-month gain of 355.41%. The firm has a 50-day simple moving average (SMA 50) of $24.282 and a 200-day simple moving average (SMA200) of $10.38825.
The stock witnessed a -50.31% loss in the last 1 month and extending the period to 3 months gives it a -30.74%, and is -32.71% 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 21.37% over the week and 18.77% over the month.
Fwd P/E is 16.36. Distance from 52-week low is 706.22% and -61.83% from its 52-week high.
The EPS is expected to shrink by -62.87% this year.
Gorilla Technology Group Inc (GRRR) Top Institutional Holders
34.0 institutions hold shares in Gorilla Technology Group Inc (GRRR), with institutional investors hold 10.79% of the company’s shares. The shares outstanding are 68.92M, and float is at 16.84M with Short Float at 12.21%. Institutions hold 10.13% of the Float.
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Gorilla Technology Group Inc (GRRR) Insider Activity
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