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Gorilla Technology Group (NASDAQ:GRRR) Trading 1.7% Higher

Defense World ·  Apr 29, 2023 15:23

Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) traded up 1.7% on Friday . The stock traded as high as $1.79 and last traded at $1.78. 178,099 shares traded hands during trading, a decline of 62% from the average session volume of 474,795 shares. The stock had previously closed at $1.75.

Gorilla Technology Group Price Performance

The company has a 50-day simple moving average of $5.97 and a 200 day simple moving average of $7.72.

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Hedge Funds Weigh In On Gorilla Technology Group

An institutional investor recently bought a new position in Gorilla Technology Group stock. Mint Tower Capital Management B.V. bought a new position in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,000 shares of the company's stock, valued at approximately $115,000. Mint Tower Capital Management B.V. owned approximately 0.06% of Gorilla Technology Group at the end of the most recent reporting period.

Gorilla Technology Group Company Profile

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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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