In the past week, GMM stock has gone down by -22.66%, with a monthly decline of -43.97% and a quarterly plunge of -42.94%. The volatility ratio for the week is 9.95%, and the volatility levels for the last 30 days are 11.43% for Global Mofy AI Ltd. The simple moving average for the past 20 days is -32.07% for GMM’s stock, with a -66.33% simple moving average for the past 200 days.
Is It Worth Investing in Global Mofy AI Ltd. (NASDAQ: GMM) Right Now?
Global Mofy AI Ltd. (NASDAQ: GMM) has a higher price-to-earnings ratio of 0.85x compared to its average ratio, The 36-month beta value for GMM is at -4.68.
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The public float for GMM is 11.04M, and currently, shorts hold a 4.38% of that float. The average trading volume for GMM on October 14, 2024 was 570.45K shares.
GMM) stock’s latest price update
Global Mofy AI Ltd. (NASDAQ: GMM)’s stock price has dropped by -13.43 in relation to previous closing price of 0.58. Nevertheless, the company has seen a loss of -22.66% in its stock price over the last five trading days. globenewswire.com reported 2024-09-27 that BEIJING, Sept. 27, 2024 (GLOBE NEWSWIRE) — Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced that it has received a written notification (the “Notification Letter”) from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on September 25, 2024. The Notification Letter advised the Company that for the last 30 consecutive business days, the minimum closing bid price per share for the Company’s ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550(a)(2).
GMM Trading at -40.85% 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 -96.75% of loss for the given period.
Volatility was left at 11.43%, however, over the last 30 days, the volatility rate increased by 9.95%, as shares sank -43.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.59% lower at present.
During the last 5 trading sessions, GMM fell by -22.67%, which changed the moving average for the period of 200-days by -95.41% in comparison to the 20-day moving average, which settled at $0.7391. In addition, Global Mofy AI Ltd. saw -91.00% 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:
- 0.38 for the present operating margin
- 0.63 for the gross margin
The net margin for Global Mofy AI Ltd. stands at 0.48. The total capital return value is set at 0.29. Equity return is now at value 59.89, with 45.80 for asset returns.
Based on Global Mofy AI Ltd. (GMM), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 7.57. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 65.01.
Currently, EBITDA for the company is 8.4 million with net debt to EBITDA at -0.3. When we switch over and look at the enterprise to sales, we see a ratio of 0.29. The receivables turnover for the company is 4.08for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.08.
Conclusion
In conclusion, Global Mofy AI Ltd. (GMM) has had a bad 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.
