Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Gorilla Technology Group Inc’s current trading price is -53.15% away from its 52-week high, while its distance from the 52-week low is 191.39%. The stock’s price range during this period has varied between $2.09 and $13.00. The company, active in the Technology sector, saw a trading volume of around 2.75 million for the day, considerably higher average daily volume of 0.83 million observed over the last three months.
Gorilla Technology Group Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $13.00 on 02/06/24, while the lowest price during the same period was $2.09 on 08/05/24.
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How Financial Performance Impacts Market Capitalization
Gorilla Technology Group Inc (GRRR) has experienced a quarterly rise of 96.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 81.93M and boasts a workforce of 142 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.61, with a change in price of +3.38. Similarly, Gorilla Technology Group Inc recorded 585,657 in trading volume during the last 100 days, posting a change of +124.72%.
How GRRR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GRRR stands at 0.72. Similarly, the long-term debt-to-equity ratio is also 0.13.
GRRR Stock Stochastic Average
As of today, the raw stochastic average of Gorilla Technology Group Inc over the past 50 days is 91.21%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 90.84%. Additionally, the Stochastic %K and %D values for the company were 86.33% and 83.98%, respectively, over the past 20 days.
GRRR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 12.90%. However, over the last six months, the performance has been weaker by 1.67%. The price of GRRR increased 35.94% over the last 30 days. And in the last five days, it has surged by 40.00%.
