Grande Group (NASDAQ:GRAN) Stock Price Down 4.6% – Here’s What Happened
by Doug Wharley · The Cerbat GemGrande Group Limited (NASDAQ:GRAN – Get Free Report)’s stock price dropped 4.6% during trading on Friday . The company traded as low as $4.30 and last traded at $4.34. Approximately 13,479 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 34,741 shares. The stock had previously closed at $4.55.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of Grande Group in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.
View Our Latest Analysis on Grande Group
Grande Group Stock Down 4.6%
The business has a 50-day moving average of $3.34.
Grande Group (NASDAQ:GRAN – Get Free Report) last issued its quarterly earnings data on Friday, December 12th. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $0.15 million for the quarter.
Institutional Trading of Grande Group
A hedge fund recently bought a new stake in Grande Group stock. Nomura Holdings Inc. bought a new stake in Grande Group Limited (NASDAQ:GRAN – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 49,787 shares of the company’s stock, valued at approximately $144,000. Nomura Holdings Inc. owned about 0.20% of Grande Group as of its most recent SEC filing.
Grande Group Company Profile
Headquartered in Hong Kong, we are a holding company incorporated in the British Virgin Islands, and all of our business is carried out by our wholly-owned Operating Subsidiary in Hong Kong, Grande Capital. Grande Capital is a boutique financial firm that focuses on providing quality corporate finance advisory services to clients in Asia. Grande Capital is a licensed corporation under the SFO to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong.