GD Culture Group (NASDAQ:GDC) Downgraded by Wall Street Zen to Strong Sell

GD Culture Group (NASDAQ:GDC) was downgraded by equities researchers at Wall Street Zen to a “strong sell” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings downgraded 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, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

GD Culture Group Stock Performance

Shares of GDC stock opened at $2.42 on Friday. The company has a market capitalization of $580,800.00, a price-to-earnings ratio of -0.00 and a beta of 1.91. GD Culture Group has a 52-week low of $1.85 and a 52-week high of $2,478.75. The company has a 50-day simple moving average of $172.89 and a two-hundred day simple moving average of $687.19.

Institutional Investors Weigh In On GD Culture Group

A number of hedge funds have recently made changes to their positions in GDC. Jefferies Financial Group Inc. purchased a new position in shares of GD Culture Group in the 4th quarter worth about $44,000. Geode Capital Management LLC purchased a new stake in GD Culture Group during the fourth quarter worth about $74,000. XTX Topco Ltd purchased a new stake in GD Culture Group during the second quarter worth about $97,000. Finally, ExodusPoint Capital Management LP purchased a new stake in GD Culture Group during the fourth quarter worth about $106,000. 0.55% of the stock is currently 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.