Gorilla Technology Group Inc (NASDAQ: GRRR) is -3.21% 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 $17.26 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $17.48, the stock is -3.91% and -26.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing 1.27% at the moment leaves the stock 47.48% off its SMA200. GRRR registered 202.42% gain for a year compared to 6-month gain of 301.84%. The firm has a 50-day simple moving average (SMA 50) of $23.7592 and a 200-day simple moving average (SMA200) of $11.852275.
The stock witnessed a -15.84% loss in the last 1 month and extending the period to 3 months gives it a 28.62%, and is -11.67% 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 9.31% over the week and 13.01% over the month.
Fwd P/E is 16.97. Distance from 52-week low is 736.36% and -60.41% from its 52-week high.
with sales reaching $19.5M over the same period.The EPS is expected to shrink by -62.87% this year, but quarterly earnings will post 33.92% year-over-year.
Gorilla Technology Group Inc (GRRR) Top Institutional Holders
37.0 institutions hold shares in Gorilla Technology Group Inc (GRRR), with institutional investors hold 10.62% of the company’s shares. The shares outstanding are 68.92M, and float is at 16.82M with Short Float at 9.05%. Institutions hold 10.03% of the Float.
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Gorilla Technology Group Inc (GRRR) Insider Activity
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