Gorilla Technology Group (NASDAQ:GRRRW) Stock Price Down 7.9% – Here’s Why

Gorilla Technology Group Inc. (NASDAQ:GRRRWGet Free Report) was down 7.9% during mid-day trading on Thursday . The stock traded as low as $0.94 and last traded at $0.94. Approximately 76,540 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 488,397 shares. The stock had previously closed at $1.02.

Gorilla Technology Group Price Performance

The firm has a 50-day moving average of $0.99 and a 200 day moving average of $0.49.

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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