GD Culture Group (NASDAQ:GDC) Posts Earnings Results

GD Culture Group (NASDAQ:GDC) released its quarterly earnings results on Friday. The company reported ($53.40) earnings per share (EPS) for the quarter, FiscalAI reports.

GD Culture Group Stock Down 0.5%

GDC stock traded down $0.01 during trading on Friday, hitting $1.86. The company had a trading volume of 206,703 shares, compared to its average volume of 378,820. The firm has a 50-day moving average price of $5.69 and a 200-day moving average price of $448.85. The firm has a market cap of $7.74 million, a PE ratio of -0.00 and a beta of 1.94. GD Culture Group has a 1-year low of $1.39 and a 1-year high of $2,478.75.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on GDC shares. Wall Street Zen cut shares of GD Culture Group to a “strong sell” rating in a report on Saturday, July 4th. Weiss Ratings cut shares of GD Culture Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, June 15th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, GD Culture Group currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of GDC. ExodusPoint Capital Management LP acquired a new stake in shares of GD Culture Group during the fourth quarter worth $106,000. Geode Capital Management LLC purchased a new position in GD Culture Group during the 4th quarter worth $74,000. Jefferies Financial Group Inc. acquired a new stake in shares of GD Culture Group in the 4th quarter worth $44,000. Finally, XTX Topco Ltd purchased a new stake in shares of GD Culture Group in the second quarter valued at about $97,000. Institutional investors and hedge funds own 0.55% of the company’s stock.

GD Culture Group Company Profile

GD Culture Group Limited operates as an integrated marketing service agency. The company focuses on enterprise brand management, crisis public relations, intelligent public opinion monitoring, media PR, financial and economic we-media operation, digital face application, exhibition services, and other businesses. It also publishes books in corporate history, finance, and economics, as well as plans and organizes online and offline activities, such as new book launches and book sharing sessions to promote new books and build influence and reputation for the corporate clients.