Goldenstone Acquisition (NASDAQ:GDST) Trading Down 0.6% – Time to Sell?

Shares of Goldenstone Acquisition Limited (NASDAQ:GDST) fell 0.6% on Wednesday . The stock traded as low as $11.48 and last traded at $11.48. 100 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 2,768 shares. The stock had previously closed at $11.55.

Goldenstone Acquisition Price Performance

The company has a 50-day moving average price of $11.49 and a two-hundred day moving average price of $11.33.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Goldenstone Acquisition stock. Toronto Dominion Bank bought a new stake in Goldenstone Acquisition Limited (NASDAQ:GDST) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 175,227 shares of the company’s stock, valued at approximately $1,978,000. Toronto Dominion Bank owned approximately 5.09% of Goldenstone Acquisition at the end of the most recent reporting period. Hedge funds and other institutional investors own 72.08% of the company’s stock.

Goldenstone Acquisition Company Profile

Goldenstone Acquisition Limited does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Aurora, Illinois.