Global Mofy AI (NASDAQ:GMM) Trading 8.6% Higher - What's Next?

Key Points

• Global Mofy AI Limited's share price increased by 8.6%, reaching a last traded price of $2.27 after trading as high as $2.28 during mid-day on Tuesday.
• The company reported a significant decline in trading volume, with only 97,339 shares traded, compared to an average volume of 674,498 shares.
• Global Mofy AI specializes in virtual content production, digital marketing, and digital asset development services for the metaverse industry in China.

Global Mofy AI Limited (NASDAQ:GMM - )'s share price traded up 8.6% during mid-day trading on Tuesday . The stock traded as high as $2.28 and last traded at $2.27. 97,339 shares were traded during mid-day trading, a decline of 86% from the average session volume of 674,498 shares. The stock had previously closed at $2.09.

Global Mofy AI Price Performance

The company's 50-day simple moving average is $2.39 and its 200-day simple moving average is $2.71.

Global Mofy AI Company Profile

Global Mofy Metaverse Limited, through its subsidiaries, provides virtual content production, digital marketing, and digital assets development services for the metaverse industry in the People's Republic of China. It offers services for visual effect design, content development, production, and integration based on customers specific needs; and 3D rebuilt and artificial intelligence technologies using its Mofy Lab technology platform.

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