Grande Group (NASDAQ:GRAN) Issues Earnings Results

Grande Group (NASDAQ:GRAN) issued its quarterly earnings data on Friday. The company reported ($0.04) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.76 million during the quarter.

Grande Group Price Performance

Shares of NASDAQ:GRAN opened at $1.51 on Friday. Grande Group has a 52 week low of $0.80 and a 52 week high of $5.91. The company’s 50 day moving average is $1.40 and its two-hundred day moving average is $1.73.

Hedge Funds Weigh In On Grande Group

An institutional investor recently bought a new position in Grande Group stock. Citadel Advisors LLC purchased a new stake in Grande Group Limited (NASDAQ:GRAN) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,920 shares of the company’s stock, valued at approximately $33,000.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Grande Group in a report on Monday, June 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

About Grande Group

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.