With 4.44 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.84 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $19.71 whereas the lowest price it dropped to was $16.01. The 52-week range on GRRR shows that it touched its highest point at $25.88 and its lowest point at $2.09 during that stretch. It currently has a 1-year price target of $20.00. Beta for the stock currently stands at -0.03.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GRRR was down-trending over the past week, with a drop of -24.23%, but this was up by 188.29% over a month. Three-month performance surged to 316.18% while six-month performance rose 519.71%. The stock gained 192.25% in the past year, while it has lost -5.98% so far this year. For the next quarter, that number is 0.34. This implies an EPS growth rate of -71.20% for this year and -19.44% for next year.
Float and Shares Shorts:
At present, 68.92 million GRRR shares are outstanding with a float of 9.49 million shares on hand for trading. On 2024-12-13, short shares totaled 1.56 million, which was 1341.0 higher than short shares on 1731628800. In addition to Mr. Jayesh Chandan as the firm’s CEO & Executive Chairman, Mr. Bruce Gregory Bower serves as its Interim Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.047709998 of GRRR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, GRRR reported revenue of $26731535.0 and operating income of -$2062665.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GRRR since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GRRR analysts setting a high price target of 27.0 and a low target of 13.0, the average target price over the next 12 months is 20.0. Based on these targets, GRRR could surge 59.01% to reach the target high and fall by -23.44% to reach the target low. Reaching the average price target will result in a growth of 17.79% from current levels.
Analysts have provided yearly estimates in a range of $0.72 being high and $0.72 being low. For GRRR, this leads to a yearly average estimate of $0.72.
