Grande Group (NASDAQ:GRAN) Trading 18.1% Higher – Time to Buy?

Grande Group Limited (NASDAQ:GRAN)’s stock price was up 18.1% on Thursday . The stock traded as high as $1.80 and last traded at $1.70. 86,819 shares changed hands during mid-day trading, an increase of 558% from the average session volume of 13,198 shares. The stock had previously closed at $1.44.

Analyst Upgrades and Downgrades

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

Grande Group Stock Up 4.7%

The company’s fifty day moving average is $1.31 and its 200-day moving average is $1.95.

Institutional Trading of Grande Group

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

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.