Grande Group (NASDAQ:GRAN) Issues Earnings Results

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

Grande Group Price Performance

Shares of NASDAQ:GRAN opened at $1.51 on Friday. Grande Group has a 12 month low of $0.80 and a 12 month high of $5.91. The company’s 50-day moving average price is $1.40 and its two-hundred day moving average price is $1.73.

Hedge Funds Weigh In On Grande Group

An institutional investor recently bought a new stake in Grande Group stock. Citadel Advisors LLC purchased a new stake in shares of Grande Group Limited (NASDAQ:GRAN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,920 shares of the company’s stock, valued at approximately $33,000.

Analyst Upgrades and Downgrades

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