DT Cloud Star Acquisition (NASDAQ:DTSQ) Announces Quarterly Earnings Results

DT Cloud Star Acquisition (NASDAQ:DTSQ) announced its earnings results on Friday. The company reported $0.02 earnings per share for the quarter, FiscalAI reports.

DT Cloud Star Acquisition Price Performance

Shares of NASDAQ DTSQ traded down $0.12 during trading on Friday, hitting $11.11. 417 shares of the company were exchanged, compared to its average volume of 3,329. DT Cloud Star Acquisition has a 1 year low of $10.28 and a 1 year high of $12.90. The firm’s fifty day moving average price is $11.10 and its 200 day moving average price is $10.90.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of DT Cloud Star Acquisition in a report on Friday, January 9th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Berkley W R Corp increased its stake in shares of DT Cloud Star Acquisition by 69.5% during the 3rd quarter. Berkley W R Corp now owns 673,926 shares of the company’s stock valued at $7,049,000 after acquiring an additional 276,278 shares during the last quarter. Wolverine Asset Management LLC purchased a new position in shares of DT Cloud Star Acquisition during the 4th quarter valued at approximately $1,511,000. Clear Street Group Inc. acquired a new stake in shares of DT Cloud Star Acquisition during the 3rd quarter valued at approximately $792,000. Crossingbridge Advisors LLC increased its position in DT Cloud Star Acquisition by 100.0% in the fourth quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock worth $538,000 after buying an additional 25,000 shares during the period. Finally, Quarry LP acquired a new stake in DT Cloud Star Acquisition in the fourth quarter worth $748,000.

DT Cloud Star Acquisition Company Profile

DT Cloud Star Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2022 and is based in Brooklyn, New York.