GD Culture Group (NASDAQ:GDC) Posts Quarterly Earnings Results

Key Points

• GD Culture Group reported a quarterly earnings per share (EPS) of ($0.10), reflecting ongoing financial challenges.
• Following the earnings release, GDC shares dropped 8.6% to $2.97, with a market capitalization of approximately $49.90 million.
• XTX Topco Ltd has recently acquired a stake in GD Culture Group, purchasing 25,681 shares valued at around $97,000.

GD Culture Group (NASDAQ:GDC - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.10) earnings per share for the quarter, Zacks reports.

GD Culture Group Trading Up 6.6%

NASDAQ:GDC traded up $0.19 during trading hours on Friday, hitting $3.09. The company's stock had a trading volume of 68,622 shares, compared to its average volume of 30,586. The stock has a market capitalization of $51.91 million, a P/E ratio of -4.18 and a beta of 1.18. The stock has a fifty day moving average of $3.23 and a 200-day moving average of $2.49. GD Culture Group has a 52-week low of $1.03 and a 52-week high of $12.18.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised GD Culture Group to a "hold" rating in a research report on Saturday, May 24th.

Hedge Funds Weigh In On GD Culture Group

An institutional investor recently bought a new position in GD Culture Group stock. XTX Topco Ltd acquired a new position in shares of GD Culture Group Limited (NASDAQ:GDC - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 25,681 shares of the company's stock, valued at approximately $97,000. XTX Topco Ltd owned about 0.15% of GD Culture Group as of its most recent filing with the Securities & Exchange Commission. 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.