Global Mofy AI (NASDAQ:GMM) Announces Earnings Results

Global Mofy AI (NASDAQ:GMM) announced its quarterly earnings data on Friday. The company reported ($1.03) earnings per share (EPS) for the quarter, FiscalAI reports.

Global Mofy AI Stock Up 15.4%

Shares of NASDAQ GMM traded up $0.22 during midday trading on Friday, hitting $1.65. The company had a trading volume of 65,090 shares, compared to its average volume of 62,156. The business has a 50-day simple moving average of $1.45 and a two-hundred day simple moving average of $2.01. Global Mofy AI has a twelve month low of $0.94 and a twelve month high of $4.75.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Global Mofy AI in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Global Mofy AI Company Profile

Global Mofy Metaverse Limited, through its subsidiaries, provides virtual content production, digital marketing, and digital assets development services for the metaverse industry in the People's Republic of China. It offers services for visual effect design, content development, production, and integration based on customers specific needs; and 3D rebuilt and artificial intelligence technologies using its Mofy Lab technology platform. The company also grants use right of digital assets for various applications, such as movies, TV series, AR/VR, animation, advertising, and gaming.