Gorilla Technology Group (NASDAQ:GRRRW) Stock Price Down 20% – Time to Sell?

Gorilla Technology Group Inc. (NASDAQ:GRRRWGet Free Report) dropped 20% during trading on Thursday . The stock traded as low as $0.4490 and last traded at $0.49. Approximately 513,482 shares traded hands during mid-day trading, an increase of 134% from the average daily volume of 219,735 shares. The stock had previously closed at $0.6122.

Gorilla Technology Group Stock Performance

The business has a 50-day moving average price of $0.58 and a two-hundred day moving average price of $0.62.

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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