GD Culture Group (NASDAQ:GDC) Trading Down 3.7% - Here's What Happened

Key Points

• Shares of GD Culture Group Limited (NASDAQ:GDC) fell by 3.7% during trading, dropping to a low of $3.82 before closing at $3.89.
• The company announced a loss of $0.10 earnings per share in its most recent quarterly earnings report.
• Wall Street Zen upgraded GD Culture Group to a "hold" rating, indicating a shift in analyst sentiment towards the stock.

GD Culture Group Limited (NASDAQ:GDC - Get Free Report) traded down 3.7% on Thursday . The company traded as low as $3.82 and last traded at $3.89. 15,942 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 28,993 shares. The stock had previously closed at $4.04.

Wall Street Analyst Weigh In

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

GD Culture Group Trading Up 11.1%

The firm has a market cap of $98.53 million, a price-to-earnings ratio of -7.93 and a beta of 1.39. The stock has a 50-day moving average of $3.53 and a 200-day moving average of $2.81.

GD Culture Group (NASDAQ:GDC - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported ($0.10) earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GD Culture Group stock. XTX Topco Ltd acquired a new position in GD Culture Group Limited (NASDAQ:GDC - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,681 shares of the company's stock, valued at approximately $97,000. XTX Topco Ltd owned 0.15% of GD Culture Group as of its most recent SEC filing. 0.55% of the stock is owned by hedge funds and other institutional investors.

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.