Gorilla Technology Group Inc. (NASDAQ:GRRR - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $27.33 and last traded at $27.75, with a volume of 1330999 shares. The stock had previously closed at $24.20.
Analyst Ratings Changes
Separately, Northland Securities lifted their price objective on Gorilla Technology Group from $13.00 to $18.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd.
Check Out Our Latest Research Report on GRRR
Gorilla Technology Group Trading Up 14.5 %
The firm has a fifty day moving average price of $16.71 and a two-hundred day moving average price of $8.48. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.72 and a current ratio of 1.72.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in GRRR. GSA Capital Partners LLP bought a new stake in Gorilla Technology Group in the third quarter worth about $55,000. Transcendent Capital Group LLC purchased a new stake in shares of Gorilla Technology Group during the fourth quarter valued at $72,000. Vontobel Holding Ltd. acquired a new position in Gorilla Technology Group during the third quarter valued at $81,000. Creative Financial Designs Inc. ADV acquired a new position in shares of Gorilla Technology Group in the fourth quarter worth about $135,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Gorilla Technology Group during the fourth quarter worth about $258,000. Hedge funds and other institutional investors own 1.33% of the company's stock.
About Gorilla Technology Group
(
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.
Read More
Before you consider Gorilla Technology Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gorilla Technology Group wasn't on the list.
While Gorilla Technology Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
