Gorilla Technology Group (GRRR) to Release Quarterly Earnings on Wednesday

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

Gorilla Technology Group Trading Up 3.7%

Shares of NASDAQ GRRR traded up $0.71 during mid-day trading on Monday, reaching $20.02. The company had a trading volume of 494,023 shares, compared to its average volume of 1,882,120. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.08. The firm has a 50 day simple moving average of $18.07 and a two-hundred day simple moving average of $18.94. Gorilla Technology Group has a 52-week low of $2.09 and a 52-week high of $44.15.

Hedge Funds Weigh In On Gorilla Technology Group

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

Gorilla Technology Group Company Profile

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.