GD Culture Group (NASDAQ:GDC) Issues 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) released its earnings results on Tuesday. The company reported ($0.10) EPS for the quarter, Zacks reports.

GD Culture Group Trading Down 8.6%

Shares of GDC traded down $0.28 during midday trading on Tuesday, reaching $2.97. The stock had a trading volume of 39,706 shares, compared to its average volume of 68,440. The company has a market capitalization of $49.90 million, a price-to-earnings ratio of -2.88 and a beta of 1.18. GD Culture Group has a 12-month low of $1.03 and a 12-month high of $12.18. The company's 50-day moving average is $3.21 and its 200 day moving average is $2.46.

Institutional Investors Weigh In On GD Culture Group

A hedge fund recently bought a new stake in GD Culture Group stock. XTX Topco Ltd acquired a new stake in shares of GD Culture Group Limited (NASDAQ:GDC - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 25,681 shares of the company's stock, valued at approximately $97,000. XTX Topco Ltd owned approximately 0.15% of GD Culture Group as of its most recent SEC filing. Institutional investors and hedge funds own 0.55% of the company's stock.

Analyst Upgrades and Downgrades

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

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.

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