Gorilla Technology Group Inc (GRRR)’s stock is trading at $4.42 at the moment marking a rise of 6.51% from the last session close. As of this writing, shares are priced at -66.00% less than their 52-week high of $13.00, and 111.48% over their 52-week low of $2.09. Based on the past 30-day period, the stock price is -6.61% below the high and +45.51% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, GRRR’s SMA-200 is $5.17.
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GRRR’s price to book ratio for the most recent quarter was 5.63, resulting in an 1.44 price to cash per share for the period.
How does Gorilla Technology Group Inc (GRRR) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 2 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 5.00 in simple terms.
Gorilla Technology Group Inc (GRRR): Earnings History
If we examine Gorilla Technology Group Inc’s recent earnings history, in the last quarter ended on 12/31/2023, it posted adjusted earnings per share of $17.3, slashing the consensus of $0.3. In other words, it topped the consensus by $17, resulting in a 5,666.70% surprise. In the 3 months period before the previous quarter which was closed on 12/31/2023, the stock recorded adjusted earnings per share of $17.3 in contrast with the Outlook of $0.3. That was a difference of $17 and a surprise of 5,666.70%.
Gorilla Technology Group Inc (NASDAQ: GRRR) Ownership Details
I will give a breakdown of the key shareholders in Gorilla Technology Group Inc (GRRR). Recent figures show that the company’s insiders hold 10.11% of shares. A total of 14 institutional investors hold shares in the company, making 17.72% of its stock and 19.71% of its float.
Jun 30, 2024, it was reported that the Company’s largest institutional holder is Anson Funds Management LP holding total of 1.05 shares that make 11.75% of the company’s total number of shares and are currently priced at 4.67 million.
The securities firm Highbridge Capital Management, LLC. holds 173.29 shares of GRRR, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.93%, and the holding percentage of shares is valued at 0.77 million.
An overview of Gorilla Technology Group Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Gorilla Technology Group Inc (GRRR) traded 1,227,961 shares per day, with a moving average of $3.67 and price change of +1.28. With the moving average of $3.05 and a price change of +1.58, about 567,556 shares changed hands on average over the past 50 days. Finally, GRRR’s 100-day average volume is 424,767 shares, alongside a moving average of $3.59 and a price change of -1.35.
