Global Mofy Metaverse Ltd (NASDAQ: GMM)’s stock price has dropped by -10.62 in relation to previous closing price of 1.13. Nevertheless, the company has seen a gain of 8.57% in its stock price over the last five trading days. InvestorPlace reported 2024-04-30 that Global Mofy Metaverse (NASDAQ: GMM ) stock is rocketing higher on Tuesday after the company announced a collaboration with Heartdub. Heartdub is a provider of physical simulation technology and will work alongside Global Mofy Metaverse subsidiary Gauss AI.
Is It Worth Investing in Global Mofy Metaverse Ltd (NASDAQ: GMM) Right Now?
The price-to-earnings ratio for Global Mofy Metaverse Ltd (NASDAQ: GMM) is above average at 4.00x.
The public float for GMM is 9.62M, and at present, short sellers hold a 1.80% of that float. The average trading volume of GMM on May 07, 2024 was 1.77M shares.
GMM’s Market Performance
The stock of Global Mofy Metaverse Ltd (GMM) has seen a 8.57% increase in the past week, with a 10.07% rise in the past month, and a -53.67% fall in the past quarter. The volatility ratio for the week is 22.76%, and the volatility levels for the past 30 days are at 12.05% for GMM. The simple moving average for the past 20 days is 2.76% for GMM’s stock, with a -81.71% simple moving average for the past 200 days.
GMM Trading at -24.24% from the 50-Day Moving Average
After a stumble in the market that brought GMM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.47% of loss for the given period.
Volatility was left at 12.05%, however, over the last 30 days, the volatility rate increased by 22.76%. Over the last 50 days, in opposition, the stock is trading -50.00% lower at present.
During the last 5 trading sessions, GMM rose by +8.57%, in comparison to the 20-day moving average, which settled at $0.9829. In addition, Global Mofy Metaverse Ltd saw -81.90% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GMM
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.54 for the gross margin
The net margin for Global Mofy Metaverse Ltd stands at 0.24. The total capital return value is set at 0.36. Equity return is now at value 52.73, with 36.76 for asset returns.
Based on Global Mofy Metaverse Ltd (GMM), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 1.74. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 60.58.
Currently, EBITDA for the company is 8.4 million with net debt to EBITDA at -0.83. When we switch over and look at the enterprise to sales, we see a ratio of 0.75. The receivables turnover for the company is 7.52for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.11.
Conclusion
In summary, Global Mofy Metaverse Ltd (GMM) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
