GMM Stock Summary and Trading Ideas (Global Mofy Metaverse Limited - | NASDAQ:GMM)

Global Mofy Metaverse Ltd operates as a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry. It utilizes its proprietary Mofy Lab technology platform which consists of three-dimensional (3D) rebuilt technology and artificial intelligence (AI) interactive technology to create a 3D high-definition virtual version of a wide range of physical world objects such as human, animal, and scenes which can be used in different applications.

Global Mofy Metaverse Limited - trades on the NASDAQ stock market under the symbol GMM.

As of May 15, 2024, GMM stock price was flat at $0.93 with 309,365 million shares trading.

GMM has a beta of -4.33, meaning it tends to be less sensitive to market movements. GMM has a correlation of 0.06 to the broad based SPY ETF.

GMM has a market cap of $26.55 million. This is considered a Sub-Micro Cap stock.

GMM support price is $.85 and resistance is $1.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GMM stock will trade within this expected range on the day.