Do Analysts Think GD Culture Group Limited (GDC) Is Still Worth Buying In 2024?

GD Culture Group Limited (NASDAQ:GDC) does about 90.65K shares in volume on a normal day but saw 1747899 shares change hands in the recent trading day. The company now has a market cap of 14.64M USD. Its current market price is $1.50, marking a decrease of -25.00% compared to the previous close of $2.00. The 52 week high reached by this stock is $5.34 whilst the lowest price level in 52 weeks is $0.59.

GD Culture Group Limited (GDC) has a 20-day trading average at $1.47 and the current price is -71.91% off the 52-week high compared with 156.33% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.33 and its 200-day simple moving average is $1.74. If we look at the stock’s price movements over the week, volatility stands at 29.09%, which decreases to 15.48% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.55 to suggest the stock is neutral.

GD Culture Group Limited (GDC) stock is up 4.17% over the week and 17.19% over the past month. Its price is -41.63% year-to-date and -44.85% over the past year.

Outstanding shares total 9.76M with insiders holding 1.13% of the shares and institutional holders owning 0.81% of the company’s common stock. The company has a return on investment of -150.87% and return on equity of 95.57%. The beta has a value of 1.12. Price to book ratio is 2.36 and price to sales ratio is 33.27.