Gorilla Technology Group (NASDAQ:GRRRW) Stock Price Down 1.4% – Here’s Why

Gorilla Technology Group Inc. (NASDAQ:GRRRWGet Free Report)’s stock price traded down 1.4% during trading on Friday . The stock traded as low as $0.72 and last traded at $0.72. 61,548 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 430,068 shares. The stock had previously closed at $0.73.

Gorilla Technology Group Stock Performance

The firm has a 50-day simple moving average of $1.02 and a two-hundred day simple moving average of $0.57.

About Gorilla Technology Group

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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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