Global Mofy AI (NASDAQ:GMM) Announces Quarterly Earnings Results

Global Mofy AI (NASDAQ:GMM) released its earnings results on Tuesday. The company reported ($35.11) earnings per share for the quarter, FiscalAI reports. The business had revenue of $19.97 million for the quarter.

Global Mofy AI Stock Performance

Shares of NASDAQ:GMM opened at $2.93 on Thursday. Global Mofy AI has a 52 week low of $1.80 and a 52 week high of $161.75. The company’s fifty day moving average is $5.03 and its 200-day moving average is $44.12.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wall Street Zen upgraded Global Mofy AI to a “sell” rating in a research note on Saturday, June 27th. Weiss Ratings upgraded shares of Global Mofy AI from a “sell (d-)” rating to a “sell (d)” rating in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Global Mofy AI

Global Mofy Metaverse Limited, through its subsidiaries, provides virtual content production, digital marketing, and digital assets development services for the metaverse industry in the People's Republic of China. It offers services for visual effect design, content development, production, and integration based on customers specific needs; and 3D rebuilt and artificial intelligence technologies using its Mofy Lab technology platform. The company also grants use right of digital assets for various applications, such as movies, TV series, AR/VR, animation, advertising, and gaming.