SBI Securities Co. Ltd. bought a new stake in Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 76,937 shares of the company's stock, valued at approximately $1,389,000. SBI Securities Co. Ltd. owned approximately 0.42% of Gorilla Technology Group as of its most recent filing with the SEC.
Separately, Transcendent Capital Group LLC acquired a new stake in Gorilla Technology Group in the 4th quarter valued at about $72,000. Institutional investors and hedge funds own 1.33% of the company's stock.
Gorilla Technology Group Price Performance
Shares of NASDAQ GRRR traded down $10.02 during mid-day trading on Thursday, reaching $31.89. The company had a trading volume of 8,039,998 shares, compared to its average volume of 3,971,775. The business's 50-day simple moving average is $20.34 and its 200 day simple moving average is $10.39. Gorilla Technology Group Inc. has a one year low of $2.09 and a one year high of $44.15. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.08.
Wall Street Analysts Forecast Growth
Separately, Northland Securities increased their price objective on shares of Gorilla Technology Group from $13.00 to $18.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd.
Get Our Latest Stock Analysis on GRRR
About Gorilla Technology Group
(
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.
Recommended Stories
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 where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
