Gorilla Technology Group Inc (NASDAQ:GRRR) currently has a daily average trading volume of 2.10M but it saw 1387920 shares traded in last market. With a market cap of 462.79M USD, the company’s current market price of $20.42 came falling about -1.61 while comparing to the previous closing price of $20.75. 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. In the recent trading on the day, stock has struck highest price mark of $19.9006 while lowest mark touched by it was $21.06.
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 -15.88% down while it is 5.72% when we observe its performance for the past one month. Year-to-date it is 592.03% up and over the past year, the stock is showing an upside performance of 13.04%.
The company is expected to be releasing its next quarterly report on 2025-Jun-18, for which analysts forecasted an EPS of 0.13 while estimate for next year EPS is 0.97. In next quarter, company is expected to be making quarterly sales of $27.5M as analysts are expecting the sales for current fiscal year at $101.13M and seeing the company making $130.01M in sales next year. Moreover, analysts are in estimates of $21.5M for current-quarter revenue.
Currently, Gorilla Technology Group Inc’s total number of outstanding shares is 22.67M with 2.42% of that held by the insiders while 11.49% of its common stock has been owned by the institutions. It has a 18.07 of forward P/E ratio. Stock’s beta reads -0.27.
