The stock of Gorilla Technology Group Inc. (NASDAQ:GRRR) last traded at $2.28, down -1.72% from the previous session.
Data from the available sources indicates that Gorilla Technology Group Inc. (NASDAQ:GRRR) is covered by 1 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $10.00 and a low of $10.00, we find $10.00. Given the previous closing price of $2.32, this indicates a potential upside of 331.03 percent. GRRR stock price is now -1.55% away from the 50-day moving average and -65.13% away from the 200-day moving average. The market capitalization of the company currently stands at $158.03M.
In total, 0 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $10.00 as their price target over the next twelve months.
A total of 36.35% 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 CITADEL ADVISORS LLC during the first quarter worth $58,000. METEORA CAPITAL, LLC invested $26,000 in shares of GRRR during the first quarter. In the first quarter, MORGAN STANLEY acquired a new stake in Gorilla Technology Group Inc. valued at approximately $6,000. In total, there are 8 active investors with 14.60% ownership of the company’s stock.
With an opening price of $2.4400 on Wednesday morning, Gorilla Technology Group Inc. (NASDAQ: GRRR) set off the trading day. During the past 12 months, Gorilla Technology Group Inc. has had a low of $1.65 and a high of $20.40. As of last week, the company has a debt-to-equity ratio of 0.84, a current ratio of 1.70, and a quick ratio of 1.70. The fifty day moving average price for GRRR is $2.3260 and a two-hundred day moving average price translates $6.4053 for the stock.
The latest earnings results from Gorilla Technology Group Inc. (NASDAQ: GRRR) was released for Dec, 2022.
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. is headquartered in London, the United Kingdom.
