Garden Stage Limited (NASDAQ:GSIW – Get Free Report)’s share price traded up 1.4% on Friday . The company traded as high as $18.40 and last traded at $17.56. 15,546 shares were traded during mid-day trading, an increase of 54% from the average daily volume of 10,086 shares. The stock had previously closed at $17.32.
Analyst Ratings Changes
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.com, the company presently has a consensus rating of “Sell”.
Read Our Latest Research Report on GSIW
Garden Stage Stock Performance
Garden Stage (NASDAQ:GSIW – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The company reported ($11.69) earnings per share (EPS) for the quarter. The company had revenue of $1.94 million for the quarter.
Hedge Funds Weigh In On Garden Stage
An institutional investor recently raised its stake in Garden Stage stock. XTX Topco Ltd lifted its holdings in shares of Garden Stage Limited (NASDAQ:GSIW – Free Report) by 244.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 258,052 shares of the company’s stock after purchasing an additional 183,147 shares during the period. XTX Topco Ltd owned 0.72% of Garden Stage worth $33,000 as of its most recent filing with the SEC. Institutional investors own 0.47% of the company’s stock.
About Garden Stage
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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