Gorilla Technology Group Inc [NASDAQ: GRRR] closed the trading session at $22.41.
The stocks have a year to date performance of 315.46 percent and weekly performance of 67.61 percent. The stock has been moved at 742.48 percent over the last six months. The stock has performed 345.53 percent around the most recent 30 days and changed 423.60 percent over the most recent 3-months.
If compared to the average trading volume of 1.42M shares, GRRR reached to a volume of 8547050 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Gorilla Technology Group Inc [GRRR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GRRR shares is $14.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GRRR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Gorilla Technology Group Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 26, 2023.
The Average True Range (ATR) for Gorilla Technology Group Inc is set at 1.98 The Price to Book ratio for the last quarter was 28.52, with the Price to Cash per share for the same quarter was set at 2.51.
GRRR stock trade performance evaluation
Gorilla Technology Group Inc [GRRR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 67.61. With this latest performance, GRRR shares gained by 345.53% in over the last four-week period, additionally plugging by 742.48% over the last 6 months – not to mention a rise of 318.57% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GRRR stock in for the last two-week period is set at 93.56, with the RSI for the last a single of trading hit 95.83, and the three-weeks RSI is set at 91.36 for Gorilla Technology Group Inc [GRRR]. The present Moving Average for the last 50 days of trading for this stock 7.00, while it was recorded at 16.88 for the last single week of trading, and 5.04 for the last 200 days.
Gorilla Technology Group Inc [GRRR]: An insightful look at the core fundamentals
Gorilla Technology Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.43.
