GSA Capital Partners LLP Purchases Shares of 12,914 Gorilla Technology Group Inc. (NASDAQ:GRRR)

GSA Capital Partners LLP acquired a new position in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,914 shares of the company’s stock, valued at approximately $55,000. GSA Capital Partners LLP owned 0.14% of Gorilla Technology Group at the end of the most recent reporting period.

Separately, Vontobel Holding Ltd. bought a new stake in Gorilla Technology Group in the 3rd quarter valued at approximately $81,000. 1.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Northland Securities lifted their price objective on shares of Gorilla Technology Group from $7.00 to $9.00 and gave the company an “outperform” rating in a report on Wednesday, September 25th.

Gorilla Technology Group Price Performance

Shares of NASDAQ:GRRR opened at $5.09 on Tuesday. The company’s 50-day moving average price is $4.23 and its two-hundred day moving average price is $3.77. Gorilla Technology Group Inc. has a one year low of $2.09 and a one year high of $13.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.72 and a quick ratio of 1.72.

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.