Gorilla Technology Group Inc (NASDAQ: GRRR) is 5.87% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GRRR stock was last observed hovering at around $20.01 in the last trading session, with the day’s loss setting it -0.89%.
Currently trading at $19.12, the stock is -12.08% and -23.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing -4.45% at the moment leaves the stock 73.93% off its SMA200. GRRR registered 257.38% gain for a year compared to 6-month gain of 372.10%. The firm has a 50-day simple moving average (SMA 50) of $24.9554 and a 200-day simple moving average (SMA200) of $10.992675.
The stock witnessed a -29.00% loss in the last 1 month and extending the period to 3 months gives it a 20.86%, and is 3.97% 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 9.42% over the week and 15.65% over the month.
Fwd P/E is 18.56. Distance from 52-week low is 814.83% and -56.69% from its 52-week high.
The EPS is expected to shrink by -62.87% this year
34.0 institutions hold shares in Gorilla Technology Group Inc (GRRR), with institutional investors hold 11.11% of the company’s shares. The shares outstanding are 68.92M, and float is at 16.84M with Short Float at 13.33%. Institutions hold 10.43% of the Float.
