The stock of Gorilla Technology Group Inc (GRRR) has gone up by 8.22% for the week, with a -24.81% drop in the past month and a 16.50% rise in the past quarter. The volatility ratio for the week is 14.16%, and the volatility levels for the past 30 days are 11.01% for GRRR. The simple moving average for the past 20 days is -16.88% for GRRR’s stock, with a -47.99% simple moving average for the past 200 days.
Is It Worth Investing in Gorilla Technology Group Inc (NASDAQ: GRRR) Right Now?
The stock has a 36-month beta value of 0.60. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GRRR is 5.70M, and at present, short sellers hold a 1.02% of that float. On April 23, 2024, the average trading volume of GRRR was 514.33K shares.
GRRR) stock’s latest price update
Gorilla Technology Group Inc (NASDAQ: GRRR) has experienced a rise in its stock price by 14.65 compared to its previous closing price of 5.05. However, the company has seen a gain of 8.22% in its stock price over the last five trading days. Seeking Alpha reported 2024-02-07 that Gorilla Technology Group Inc. (GRRR) Q3 2023 Earnings Call Transcript
Analysts’ Opinion of GRRR
Many brokerage firms have already submitted their reports for GRRR stocks, with Cantor Fitzgerald repeating the rating for GRRR by listing it as a “Overweight.” The predicted price for GRRR in the upcoming period, according to Cantor Fitzgerald is $4.80 based on the research report published on July 26, 2023 of the previous year 2023.
GRRR Trading at -25.14% from the 50-Day Moving Average
After a stumble in the market that brought GRRR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.70% of loss for the given period.
Volatility was left at 11.01%, however, over the last 30 days, the volatility rate increased by 14.16%, as shares sank -26.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.74% lower at present.
During the last 5 trading sessions, GRRR rose by +8.22%, which changed the moving average for the period of 200-days by -72.30% in comparison to the 20-day moving average, which settled at $6.86. In addition, Gorilla Technology Group Inc saw 7.34% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GRRR
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.69 for the gross margin
The net margin for Gorilla Technology Group Inc stands at 0.31. The total capital return value is set at 0.31.
Based on Gorilla Technology Group Inc (GRRR), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at -0.34. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 49.74.
Currently, EBITDA for the company is 19.63 million with net debt to EBITDA at 1.15. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The receivables turnover for the company is 1.49for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
To sum up, Gorilla Technology Group Inc (GRRR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
