Global Mofy AI Ltd (NASDAQ: GMM) has a higher price-to-earnings ratio of 0.51x compared to its average ratio, The 36-month beta value for GMM is at -3.35.
The public float for GMM is 11.04M, and currently, shorts hold a 25.28% of that float. The average trading volume for GMM on November 13, 2024 was 3.23M shares.
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GMM) stock’s latest price update
Global Mofy AI Ltd (NASDAQ: GMM)’s stock price has plunge by -23.31relation to previous closing price of 0.39. Nevertheless, the company has seen a -27.29% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-06 that BEIJING, Nov. 06, 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 the successful closing of its previously announced private placement financing (the “Offering”) on October 31, 2024. In connection with the closing of the Offering, the Company issued an aggregate of 5,000,000 Class A ordinary shares, par value $0.000002 per share (each an “Class A Ordinary Share”), and 10,000,000 warrants (each a “Warrant”), each to purchase one Class A Ordinary Share at an exercise price of $3.00 per share, subject to adjustment, pursuant to the securities purchase agreement dated October 13, 2024, as amended on October 31, 2024, by and between the Company and each investor. The Warrants are exercisable upon issuance and will have a term of 5 years from the issuance date.
GMM’s Market Performance
Global Mofy AI Ltd (GMM) has experienced a -27.29% fall in stock performance for the past week, with a -43.10% drop in the past month, and a -67.28% drop in the past quarter. The volatility ratio for the week is 12.38%, and the volatility levels for the past 30 days are at 17.94% for GMM. The simple moving average for the last 20 days is -24.33% for GMM stock, with a simple moving average of -71.75% for the last 200 days.
GMM Trading at -50.91% 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 -98.05% of loss for the given period.
Volatility was left at 17.94%, however, over the last 30 days, the volatility rate increased by 12.38%, as shares sank -25.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -66.17% lower at present.
During the last 5 trading sessions, GMM fell by -27.29%, which changed the moving average for the period of 200-days by -90.56% in comparison to the 20-day moving average, which settled at $0.3980. In addition, Global Mofy AI Ltd saw -94.61% 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 0.12. 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.
