Goldenstone Acquisition (NASDAQ:GDST) Stock Price Down 1.2% – Here’s Why

Shares of Goldenstone Acquisition Limited (NASDAQ:GDST) dropped 1.2% during trading on Tuesday . The company traded as low as $11.48 and last traded at $11.48. Approximately 200 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 3,367 shares. The stock had previously closed at $11.62.

Goldenstone Acquisition Price Performance

The stock’s 50 day simple moving average is $11.41 and its 200 day simple moving average is $11.29.

Hedge Funds Weigh In On Goldenstone Acquisition

A hedge fund recently bought a new stake in Goldenstone Acquisition stock. Toronto Dominion Bank acquired a new stake in shares of Goldenstone Acquisition Limited (NASDAQ:GDST) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 175,227 shares of the company’s stock, valued at approximately $1,978,000. Toronto Dominion Bank owned approximately 5.09% of Goldenstone Acquisition as of its most recent filing with the Securities & Exchange Commission. 72.08% of the stock is owned by institutional investors.

About Goldenstone Acquisition

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.