GD Culture Group (NASDAQ:GDC) Announces Earnings Results

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

GD Culture Group Stock Performance

Shares of NASDAQ GDC opened at $1.86 on Friday. The company’s fifty day moving average price is $5.22 and its 200 day moving average price is $445.73. GD Culture Group has a 1 year low of $1.39 and a 1 year high of $2,478.75. The company has a market capitalization of $7.74 million, a PE ratio of -0.00 and a beta of 1.94.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jefferies Financial Group Inc. acquired a new position in shares of GD Culture Group in the fourth quarter worth about $44,000. Geode Capital Management LLC purchased a new position in shares of GD Culture Group in the 4th quarter valued at about $74,000. XTX Topco Ltd purchased a new position in shares of GD Culture Group in the 2nd quarter valued at about $97,000. Finally, ExodusPoint Capital Management LP acquired a new position in GD Culture Group in the 4th quarter worth about $106,000. Hedge funds and other institutional investors own 0.55% of the company’s stock.

Wall Street Analysts Forecast Growth

GDC has been the subject of a number of recent research reports. Weiss Ratings lowered shares of GD Culture Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, June 15th. Wall Street Zen downgraded GD Culture Group to a “strong sell” rating in a research note on Saturday, July 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, GD Culture Group presently has a consensus rating of “Sell”.

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.