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.
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.
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.