GD Culture Group (NASDAQ:GDC) Stock Price Up 3.9% – Still a Buy?

Shares of GD Culture Group Limited (NASDAQ:GDC) shot up 3.9% during trading on Tuesday . The stock traded as high as $1.9673 and last traded at $1.87. Approximately 216,840 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 331,158 shares. The stock had previously closed at $1.80.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GDC. Wall Street Zen cut shares of GD Culture Group to a “strong sell” rating in a report on Saturday, July 4th. Weiss Ratings lowered shares of 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, According to MarketBeat.com, GD Culture Group has a consensus rating of “Sell”.

GD Culture Group Stock Up 3.9%

The company has a 50-day simple moving average of $4.23 and a two-hundred day simple moving average of $426.15. The firm has a market cap of $7.78 million, a PE ratio of -0.00 and a beta of 1.94.

GD Culture Group (NASDAQ:GDC) last announced its quarterly earnings data on Friday, August 14th. The company reported ($53.40) earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On GD Culture Group

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

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.