GD Culture Group Limited (NASDAQ: GDC) stock jumped 19.70% on Monday to $3.95 against a previous-day closing price of $3.30. With 6.24 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.05 million shares. The 52-week range on GDC shows that it touched its highest point at $44.00 and its lowest point at $1.80 during that stretch. Beta for the stock currently stands at 1.35.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GDC was up-trending over the past week, with a rise of 28.66%, but this was up by 47.39% over a month. Three-month performance surged to 51.92% while six-month performance fell -27.92%. The stock gained 36.21% in the past year, while it has gained 89.10% so far this year.
Float and Shares Shorts:
At present, 4.49 million GDC shares are outstanding with a float of 3.40 million shares on hand for trading. On Oct 30, 2023, short shares totaled 34720.0, which was 1.14% higher than short shares on Sep 28, 2023.
Institutional Ownership:
Through their ownership of 4.60% of GDC’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 12.58% of GDC, in contrast to 1.34% held by mutual funds. Shares owned by individuals account for 0.02%. As the largest shareholder in GDC with 0.59% of the stake, Citadel Securities LLC holds 18,050 shares worth 18,050. A second-largest stockholder of GDC, HRT Financial LLC, holds 11,890 shares, controlling over 0.39% of the firm’s shares. Millennium Management LLC is the third largest shareholder in GDC, holding 10,017 shares or 0.33% stake. With a 0.02% stake in GDC, the Fidelity Nasdaq Composite Index F is the largest stakeholder. A total of 590 shares are owned by the mutual fund manager.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GDC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Summary of Insider Activity:
Insiders traded GDC stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
