GD Culture Group (NASDAQ:GDC) Shares Down 1.4% – Here’s Why

GD Culture Group Limited (NASDAQ:GDC)’s share price dropped 1.4% during trading on Thursday . The stock traded as low as $4.28 and last traded at $4.38. Approximately 27,676 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 62,996 shares. The stock had previously closed at $4.44.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on GDC shares. Weiss Ratings restated a “sell (d+)” rating on shares of GD Culture Group in a research report on Monday, December 29th. Wall Street Zen upgraded GD Culture Group to a “hold” rating in a research report on Saturday, October 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

GD Culture Group Stock Performance

The company has a market capitalization of $245.24 million, a price-to-earnings ratio of 43.80 and a beta of 1.83. The company has a fifty day simple moving average of $4.30 and a two-hundred day simple moving average of $4.34.

Institutional Trading of GD Culture Group

An institutional investor recently bought a new position in GD Culture Group stock. XTX Topco Ltd purchased a new stake in GD Culture Group Limited (NASDAQ:GDC) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 25,681 shares of the company’s stock, valued at approximately $97,000. XTX Topco Ltd owned 0.15% of GD Culture Group at the end of the most recent reporting period. 0.55% of the stock is owned by institutional investors.

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.