The 36-month beta value for GRRR is also noteworthy at 0.54. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for GRRR is 9.44M, and at present, short sellers hold a 7.90% of that float. The average trading volume of GRRR on November 27, 2024 was 762.69K shares.
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GRRR) stock’s latest price update
Gorilla Technology Group Inc (NASDAQ: GRRR) has seen a decline in its stock price by -6.68 in relation to its previous close of 4.94. However, the company has experienced a 17.60% gain in its stock price over the last five trading sessions. newsfilecorp.com reported 2024-11-27 that London, United Kingdom–(Newsfile Corp. – November 27, 2024) – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), is proud to have been shortlisted for a landmark smart education and digital infrastructure project with an anticipated value of over $400 million for an initial five-year phase, subject to finalizing terms and definitive documentation. This initiative, based in a major investment-grade city in Southeast Asia, marks the beginning of a multi-phase programme, with additional projects that could exceed $2.5 billion in spending over a 15-year period.
GRRR’s Market Performance
Gorilla Technology Group Inc (GRRR) has seen a 17.60% rise in stock performance for the week, with a 5.98% gain in the past month and a 42.28% surge in the past quarter. The volatility ratio for the week is 10.84%, and the volatility levels for the past 30 days are at 7.90% for GRRR. The simple moving average for the past 20 days is 4.88% for GRRR’s stock, with a -3.59% simple moving average for the past 200 days.
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 7.26% 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 -64.54% of loss for the given period.
Volatility was left at 7.90%, however, over the last 30 days, the volatility rate increased by 10.84%, as shares surge +0.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.05% upper at present.
During the last 5 trading sessions, GRRR rose by +15.31%, which changed the moving average for the period of 200-days by -49.39% in comparison to the 20-day moving average, which settled at $4.39. In addition, Gorilla Technology Group Inc saw -14.53% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GRRR
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 0.7 for the gross margin
The net margin for Gorilla Technology Group Inc stands at 0.28. The total capital return value is set at 0.36.
Based on Gorilla Technology Group Inc (GRRR), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at -0.16. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 50.22.
Currently, EBITDA for the company is 19.08 million with net debt to EBITDA at 1.17. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 1.72for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
In summary, Gorilla Technology Group Inc (GRRR) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
