Gorilla Technology Group (GRRR) Projected to Post Earnings on Wednesday

Gorilla Technology Group (NASDAQ:GRRR) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, June 18th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $19.50 million for the quarter.

Gorilla Technology Group Trading Up 3.9%

GRRR traded up $0.76 during midday trading on Monday, hitting $20.07. 515,741 shares of the company’s stock traded hands, compared to its average volume of 1,882,213. The stock’s fifty day simple moving average is $18.07 and its 200-day simple moving average is $18.94. Gorilla Technology Group has a one year low of $2.09 and a one year high of $44.15. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.72 and a quick ratio of 1.72.

Institutional Trading of Gorilla Technology Group

An institutional investor recently bought a new position in Gorilla Technology Group stock. NewEdge Advisors LLC purchased a new position in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,070 shares of the company’s stock, valued at approximately $61,000. 1.33% of the stock is owned by institutional investors and hedge funds.

About Gorilla Technology Group

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.