Oppenheimer & Co. Inc. acquired a new stake in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,678 shares of the company's stock, valued at approximately $1,086,000. Oppenheimer & Co. Inc. owned approximately 0.20% of Gorilla Technology Group as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Creative Financial Designs Inc. ADV acquired a new position in shares of Gorilla Technology Group during the fourth quarter valued at about $135,000. Cetera Investment Advisers acquired a new position in shares of Gorilla Technology Group during the fourth quarter valued at about $258,000. Stifel Financial Corp acquired a new position in shares of Gorilla Technology Group during the fourth quarter valued at about $412,000. Centiva Capital LP acquired a new position in Gorilla Technology Group in the 4th quarter worth approximately $424,000. Finally, XTX Topco Ltd acquired a new position in Gorilla Technology Group in the 4th quarter worth approximately $426,000. Institutional investors and hedge funds own 1.33% of the company's stock.
Gorilla Technology Group Price Performance
NASDAQ:GRRR traded up $0.14 during midday trading on Tuesday, hitting $20.03. The company's stock had a trading volume of 2,023,296 shares, compared to its average volume of 2,045,239. Gorilla Technology Group Inc. has a fifty-two week low of $2.09 and a fifty-two week high of $44.15. The firm's 50 day moving average is $18.69 and its 200-day moving average is $19.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.48 and a quick ratio of 2.48.
Gorilla Technology Group (NASDAQ:GRRR - Get Free Report) last issued its quarterly earnings results on Wednesday, June 18th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.22. The business had revenue of $20.00 million during the quarter, compared to analyst estimates of $19.50 million. On average, equities analysts anticipate that Gorilla Technology Group Inc. will post 0.33 earnings per share for the current fiscal year.
Gorilla Technology Group Profile
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Free Report)
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.
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