Q1 2024 EPS Estimates for Gorilla Technology Group Inc. Increased by Northland Capmk (NASDAQ:GRRR)

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Equities research analysts at Northland Capmk increased their Q1 2024 EPS estimates for shares of Gorilla Technology Group in a research report issued to clients and investors on Monday, April 8th. Northland Capmk analyst M. Latimore now expects that the company will post earnings of ($0.08) per share for the quarter, up from their previous estimate of ($0.09). The consensus estimate for Gorilla Technology Group’s current full-year earnings is $0.12 per share. Northland Capmk also issued estimates for Gorilla Technology Group’s Q2 2024 earnings at ($0.07) EPS, Q3 2024 earnings at ($0.02) EPS, Q4 2024 earnings at ($0.02) EPS, FY2024 earnings at ($0.18) EPS and FY2025 earnings at ($0.13) EPS.

Gorilla Technology Group Trading Down 3.0 %

Shares of GRRR stock opened at $0.60 on Thursday. The firm has a 50-day moving average price of $0.82 and a 200 day moving average price of $0.73. Gorilla Technology Group has a twelve month low of $0.48 and a twelve month high of $6.98. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.49 and a quick ratio of 1.49.

Shares of Gorilla Technology Group are going to reverse split on the morning of Monday, April 15th. The 1-10 reverse split was announced on Monday, April 15th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, April 15th.

Institutional Trading of Gorilla Technology Group

An institutional investor recently bought a new position in Gorilla Technology Group stock. Skandinaviska Enskilda Banken AB publ purchased a new position in Gorilla Technology Group Inc. (NASDAQ:GRRR) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 69,442 shares of the company’s stock, valued at approximately $60,000. Skandinaviska Enskilda Banken AB publ owned 0.10% of Gorilla Technology Group as of its most recent SEC filing. 1.33% of the stock is currently owned by institutional investors and hedge funds.

Gorilla Technology Group Company Profile

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.