Grande Group (NASDAQ:GRAN) Announces Quarterly Earnings Results

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

Grande Group Stock Performance

NASDAQ:GRAN traded up $0.03 during trading hours on Friday, reaching $1.51. The company had a trading volume of 4,217 shares, compared to its average volume of 289,978. The stock has a 50-day moving average of $1.39 and a two-hundred day moving average of $1.73. Grande Group has a one year low of $0.80 and a one year high of $5.91.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Grande Group

A hedge fund recently bought a new stake in Grande Group stock. Citadel Advisors LLC acquired a new position in shares of Grande Group Limited (NASDAQ:GRAN) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,920 shares of the company’s stock, valued at approximately $33,000.

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.