GD Culture Group (NASDAQ:GDC) Shares Up 12.1% – Still a Buy?

GD Culture Group Limited (NASDAQ:GDC)’s share price rose 12.1% during mid-day trading on Monday . The stock traded as high as $2.69 and last traded at $2.69. Approximately 47,188 shares changed hands during trading, a decline of 95% from the average daily volume of 982,380 shares. The stock had previously closed at $2.40.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded GD Culture Group to a “hold” rating in a report on Saturday, May 24th.

GD Culture Group Price Performance

The stock has a market capitalization of $45.18 million, a price-to-earnings ratio of -2.61 and a beta of 1.05. The stock’s 50 day simple moving average is $2.45 and its 200-day simple moving average is $2.08.

GD Culture Group (NASDAQ:GDC) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.08) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On GD Culture Group

An institutional investor recently bought a new position in GD Culture Group stock. Two Sigma Securities LLC bought a new position in shares of GD Culture Group Limited (NASDAQ:GDC) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 47,057 shares of the company’s stock, valued at approximately $89,000. Two Sigma Securities LLC owned about 0.42% of GD Culture Group at the end of the most recent reporting period. Institutional investors and hedge funds own 0.55% of the company’s stock.

About GD Culture Group

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.