Gorilla Technology Group (NASDAQ:GRRR) Stock Price Up 3.6%

Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) shares rose 3.6% during mid-day trading on Wednesday . The stock traded as high as $1.77 and last traded at $1.74. Approximately 101,032 shares changed hands during trading, a decline of 76% from the average daily volume of 424,029 shares. The stock had previously closed at $1.68.

Gorilla Technology Group Trading Up 3.6 %

The company has a 50 day moving average of $3.89 and a 200-day moving average of $6.54. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.29.

Institutional Investors Weigh In On Gorilla Technology Group

An institutional investor recently bought a new position in Gorilla Technology Group stock. Mint Tower Capital Management B.V. purchased a new position in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $115,000. Mint Tower Capital Management B.V. owned 0.06% of Gorilla Technology Group at the end of the most recent reporting period.

Gorilla Technology Group Company Profile

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Gorilla Technology Group Inc provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata.