Garden Stage Limited (NASDAQ:GSIW – Get Free Report)’s stock price was up 1.4% during trading on Friday . The company traded as high as $18.40 and last traded at $17.56. Approximately 15,546 shares were traded during trading, an increase of 54% from the average session volume of 10,086 shares. The stock had previously closed at $17.32.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings downgraded shares of Garden Stage from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Garden Stage currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on Garden Stage
Garden Stage Stock Up 1.4%
Garden Stage (NASDAQ:GSIW – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported ($11.69) earnings per share for the quarter. The firm had revenue of $1.94 million for the quarter.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Garden Stage stock. XTX Topco Ltd raised its stake in Garden Stage Limited (NASDAQ:GSIW – Free Report) by 244.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 258,052 shares of the company’s stock after acquiring an additional 183,147 shares during the quarter. XTX Topco Ltd owned approximately 0.72% of Garden Stage worth $33,000 as of its most recent SEC filing. 0.47% of the stock is owned by hedge funds and other institutional investors.
Garden Stage Company Profile
Garden Stage Limited, through its subsidiaries, provides securities dealing and brokerage, underwriting and placing, and other financial services in Hong Kong. It also offers asset management services comprising discretionary account management and fund management services. The company was incorporated in 2022 and is headquartered in Central, Hong Kong. Garden Stage Limited operates as a subsidiary of Oriental Moon Tree Limited.
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