Flag Ship Acquisition (NASDAQ:FSHP) Stock Price Up 0.3% – Here’s Why

Posted by Don Miller on Aug 18th, 2026

Flag Ship Acquisition Corporation (NASDAQ:FSHP – Get Free Report) rose 0.3% during mid-day trading on Monday . The stock traded as high as $11.23 and last traded at $11.2250. Approximately 85,011 shares traded hands during mid-day trading, an increase of 449,694% from the average session volume of 19 shares. The stock had previously closed at $11.19.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Flag Ship Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Flag Ship Acquisition currently has an average rating of “Sell”.

Read Our Latest Analysis on FSHP

Flag Ship Acquisition Trading Up 0.3%

The stock has a 50-day moving average price of $11.17 and a 200-day moving average price of $11.02.

Flag Ship Acquisition (NASDAQ:FSHP – Get Free Report) last posted its quarterly earnings data on Friday, May 29th. The company reported $0.05 earnings per share for the quarter.

Institutional Trading of Flag Ship Acquisition

An institutional investor recently raised its stake in Flag Ship Acquisition stock. Berkley W R Corp lifted its position in Flag Ship Acquisition Corporation (NASDAQ:FSHP – Free Report) by 8.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 434,420 shares of the company’s stock after purchasing an additional 33,482 shares during the quarter. Berkley W R Corp owned 8.64% of Flag Ship Acquisition worth $4,748,000 at the end of the most recent quarter.

Flag Ship Acquisition Company Profile

(Get Free Report)

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York.