Shares of Gorilla Technology Group Inc. (NASDAQ:GRRR - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $18.81, but opened at $22.10. Gorilla Technology Group shares last traded at $27.26, with a volume of 8,187,581 shares traded.
Gorilla Technology Group Stock Performance
The company has a debt-to-equity ratio of 0.04, a current ratio of 2.48 and a quick ratio of 2.48. The firm has a 50-day moving average price of $18.36 and a 200 day moving average price of $19.42.
Gorilla Technology Group (NASDAQ:GRRR - Get Free Report) last issued its quarterly earnings data on Wednesday, June 18th. The company reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.22. The firm had revenue of $20.00 million during the quarter, compared to analyst estimates of $19.50 million. On average, analysts anticipate that Gorilla Technology Group Inc. will post 0.33 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Transcendent Capital Group LLC acquired a new stake in Gorilla Technology Group during the fourth quarter worth about $72,000. SBI Securities Co. Ltd. bought a new stake in shares of Gorilla Technology Group during the 4th quarter worth approximately $1,389,000. Commonwealth Equity Services LLC boosted its position in shares of Gorilla Technology Group by 41.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 39,991 shares of the company's stock worth $722,000 after acquiring an additional 11,663 shares in the last quarter. Creative Financial Designs Inc. ADV bought a new position in Gorilla Technology Group in the fourth quarter valued at approximately $135,000. Finally, XTX Topco Ltd acquired a new position in Gorilla Technology Group during the fourth quarter valued at approximately $426,000. Institutional investors own 1.33% of the company's stock.
Gorilla Technology Group Company Profile
(
Get 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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