GD Culture Group (NASDAQ:GDC) Announces Earnings Results

GD Culture Group (NASDAQ:GDCGet Free Report) released its earnings results on Friday. The company reported ($0.75) EPS for the quarter, Zacks reports.

GD Culture Group Stock Down 1.1%

GDC stock opened at $2.76 on Friday. The company has a market cap of $167.70 million, a price-to-earnings ratio of 27.60 and a beta of 1.56. GD Culture Group has a twelve month low of $1.80 and a twelve month high of $9.91. The business has a 50 day moving average price of $3.69 and a two-hundred day moving average price of $4.47.

Hedge Funds Weigh In On GD Culture Group

Several hedge funds and other institutional investors have recently made changes to their positions in GDC. XTX Topco Ltd acquired a new position in GD Culture Group during the second quarter worth $97,000. ExodusPoint Capital Management LP bought a new stake in GD Culture Group in the fourth quarter valued at approximately $106,000. Finally, Geode Capital Management LLC bought a new position in GD Culture Group during the fourth quarter worth $74,000. 0.55% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of GD Culture Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Check Out Our Latest Analysis on GDC

GD Culture Group declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 18th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

GD Culture Group Company Profile

(Get Free Report)

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.

See Also

Earnings History for GD Culture Group (NASDAQ:GDC)

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