Gorilla Technology Group Inc (NASDAQ: GRRR) is -10.69% 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 $15.14 in the last trading session, with the day’s gains setting it 0.99%.
Currently trading at $16.13, the stock is -8.83% and -29.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 6.54% at the moment leaves the stock 32.58% off its SMA200. GRRR registered 181.50% gain for a year compared to 6-month gain of 284.05%.
The stock witnessed a -12.29% loss in the last 1 month and extending the period to 3 months gives it a -13.14%, and is -7.72% 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 7.08% over the week and 8.70% over the month.
Fwd P/E is 15.97. Distance from 52-week low is 671.77% and -63.47% from its 52-week high.
The EPS is expected to shrink by -62.38% this year.
Gorilla Technology Group Inc (GRRR) Top Institutional Holders
The shares outstanding are 68.92M, and float is at 18.44M with Short Float at 7.41%.
#####
Gorilla Technology Group Inc (GRRR) Insider Activity
#####
