Gorilla Technology Group (NASDAQ:GRRR) Shares Up 3.6%

Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating)’s share price shot up 3.6% during mid-day trading on Wednesday . The stock traded as high as $1.77 and last traded at $1.74. 101,032 shares were traded during mid-day trading, a decline of 76% from the average session volume of 424,029 shares. The stock had previously closed at $1.68.

Gorilla Technology Group Stock Up 2.9 %

The firm’s fifty day moving average price is $3.76 and its 200-day moving average price is $6.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.69 and a quick ratio of 1.69.

Hedge Funds 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. bought a new stake in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 10,000 shares of the company’s stock, valued at approximately $115,000. Mint Tower Capital Management B.V. owned approximately 0.06% of Gorilla Technology Group at the end of the most recent quarter.

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.