Grande Group (NASDAQ:GRAN) Trading Up 1.7% – Here’s Why

Grande Group Limited (NASDAQ:GRAN)’s stock price traded up 1.7% on Friday . The stock traded as high as $3.78 and last traded at $3.60. 62,812 shares traded hands during trading, a decline of 71% from the average session volume of 216,486 shares. The stock had previously closed at $3.54.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated 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, Based on data from MarketBeat, Grande Group currently has a consensus rating of “Sell”.

Grande Group Stock Up 1.7%

The business has a 50-day moving average price of $2.76.

Grande Group (NASDAQ:GRAN) last released its earnings results on Friday, December 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business 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. purchased a new stake in Grande Group Limited (NASDAQ:GRAN) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 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 filing with the SEC.

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.