The price of Gorilla Technology Group Inc. (NASDAQ:GRRR) shares last traded on Wall Street rose 38.35% to $7.72.
Based on available information, 1 analysts follow Gorilla Technology Group Inc. (NASDAQ:GRRR). The consensus rating among analysts is ‘Buy’. GRRR stock price is now -11.76% away from the 50-day moving average and -27.20% away from the 200-day moving average. The market capitalization of the company currently stands at $573.83M.
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Among analysts, 0 rate the stock a hold while 1 rate it a buy.
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A total of 35.38% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in GRRR stock. A new stake in Gorilla Technology Group Inc. shares was purchased by GEODE CAPITAL MANAGEMENT, LLC during the first quarter worth $416,000. MINT TOWER CAPITAL MANAGEMENT B.V. invested $77,000 in shares of GRRR during the first quarter. In the first quarter, TOWER RESEARCH CAPITAL LLC (TRC) acquired a new stake in Gorilla Technology Group Inc. valued at approximately $17,000. UBS GROUP AG acquired a new stake in GRRR for approximately $6,000. In total, there are 33 active investors with 14.60% ownership of the company’s stock.
A candlestick chart of Gorilla Technology Group Inc. (NASDAQ: GRRR) showed a price of $6.14 on Thursday morning. During the past 12 months, Gorilla Technology Group Inc. has had a low of $2.62 and a high of $51.00. As of last week, the company has a debt-to-equity ratio of 1.11, a current ratio of 1.30, and a quick ratio of 1.30. The fifty day moving average price for GRRR is $8.65 and a two-hundred day moving average price translates $10.69 for the stock.
For the current quarter, analysts expect GRRR to generate $11.7M in revenue.
Gorilla Technology Group Inc.(GRRR) 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. The company also provides information technology (IT) and operational technology (OT) security convergence AI algorithms for system administrators and security engineers to detect suspicious behaviors in real time; network anomaly detection AI models; and endpoint malware and suspicious behavior detection AI models. In addition, it offers intelligent video analytics (IVA) appliances to analyze and turn unstructured video and picture data into structured data; IVAR appliance that provides insight into business and operations in a statistic dashboard; smart attendance to track employee health and safety, work hours, clock-ins/outs, and absenteeism, as well as to protect company assets and intellectual properties; event and video management system appliances to store event/object attributes in temporal-spatial big data database from Gorilla; and operation technology security appliance to monitor and control physical devices, processes, and infrastructure, as well as to protect industrial systems and networks from various threats. Further, the company provides smart retail SaaS for shopper demographics, visualized shopper behavior, and advanced data analytics, smart city and transportation SaaS for traffic management, public safety, and planning data; and endpoint security SaaS that protects endpoints against security threats. Gorilla Technology Group Inc. was incorporated in 2001 and is based in Taipei, Taiwan.
