The public float for GDC is 3.40M, and currently, shorts hold a 1.02% of that float. The average trading volume for GDC on November 20, 2023 was 1.05M shares.
GDC) stock’s latest price update
GD Culture Group Limited (NASDAQ: GDC)’s stock price has increased by 24.48 compared to its previous closing price of 3.30. However, the company has seen a 33.81% increase in its stock price over the last five trading sessions. InvestorPlace reported 2023-08-28 that It has been a rather incredible day for investors in GD Culture Group (NASDAQ: GDC ). Shares of GDC stock rocketed more than 100% higher at one point in early trading today on news that the company plans to launch a livestreaming e-commerce business on TikTok.
GDC’s Market Performance
GDC’s stock has risen by 33.81% in the past week, with a monthly rise of 53.28% and a quarterly rise of 58.00%. The volatility ratio for the week is 9.26% while the volatility levels for the last 30 days are 7.50% for GD Culture Group Limited The simple moving average for the last 20 days is 37.20% for GDC stock, with a simple moving average of 12.68% for the last 200 days.
GDC Trading at 38.31% from the 50-Day Moving Average
After a stumble in the market that brought GDC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.66% of loss for the given period.
Volatility was left at 7.50%, however, over the last 30 days, the volatility rate increased by 9.26%, as shares surge +61.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.14% upper at present.
During the last 5 trading sessions, GDC rose by +40.07%, which changed the moving average for the period of 200-days by +14.78% in comparison to the 20-day moving average, which settled at $3.08. In addition, GD Culture Group Limited saw 96.66% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GDC
Current profitability levels for the company are sitting at:
- -276.21 for the present operating margin
- +36.22 for the gross margin
The net margin for GD Culture Group Limited stands at -277.00. The total capital return value is set at -1.39, while invested capital returns managed to touch -1.40. Equity return is now at value 61.03, with 43.39 for asset returns.
The receivables turnover for the company is 0.12 and the total asset turnover is 0.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.82.
In conclusion, GD Culture Group Limited (GDC) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.