Gorilla Technology Group Inc (NASDAQ:GRRR) currently has a daily average trading volume of 3.17M but it saw 2086189 shares traded in last market. With a market cap of 352.88M USD, the company’s current market price of $17.45 came rising about 12.80 while comparing to the previous closing price of $15.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.15 and as low as $2.09.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Overweight” in its note to investors issued on July 26, 2023, recommending a price target of $4.80 for it.
Over the week, GRRR’s stock price is moving 5.31% up while it is -5.57% when we observe its performance for the past one month. Year-to-date it is -3.38% down and over the past year, the stock is showing an upside performance of 229.87%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.01 while estimate for next year EPS is 0.76. In next quarter, company is expected to be making quarterly sales of $23M as analysts are expecting the sales for current fiscal year at $100M and seeing the company making $130.68M in sales next year. Moreover, analysts are in estimates of $19.5M for current-quarter revenue.
Currently, Gorilla Technology Group Inc’s total number of outstanding shares is 68.92M with 5.56% of that held by the insiders while 11.44% of its common stock has been owned by the institutions. It has a 17.28 of forward P/E ratio. Stock’s beta reads -0.35.
