Global Mofy AI (NASDAQ:GMM) Releases Earnings Results

Global Mofy AI (NASDAQ:GMM) announced its quarterly earnings results on Tuesday. The company reported ($35.11) EPS for the quarter, FiscalAI reports. The firm had revenue of $19.97 million during the quarter.

Global Mofy AI Price Performance

Shares of NASDAQ:GMM opened at $2.47 on Wednesday. The business’s 50-day moving average is $6.41 and its 200-day moving average is $44.61. Global Mofy AI has a 1 year low of $1.80 and a 1 year high of $161.75.

Analyst Upgrades and Downgrades

GMM has been the subject of a number of recent research reports. Weiss Ratings raised Global Mofy AI from a “sell (d-)” rating to a “sell (d)” rating in a report on Wednesday, July 15th. Wall Street Zen raised Global Mofy AI to a “sell” rating in a research note on Saturday, June 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Global Mofy AI currently has an average 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.