DT Cloud Star Acquisition (NASDAQ:DTSQ) Issues Earnings Results

DT Cloud Star Acquisition (NASDAQ:DTSQ) issued its earnings results on Monday. The company reported $0.06 earnings per share for the quarter, FiscalAI reports.

DT Cloud Star Acquisition Stock Up 0.1%

DT Cloud Star Acquisition stock opened at $11.34 on Tuesday. The firm’s 50 day simple moving average is $11.30 and its 200 day simple moving average is $11.14. DT Cloud Star Acquisition has a 1-year low of $10.38 and a 1-year high of $12.90.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DTSQ. Wolverine Asset Management LLC bought a new position in shares of DT Cloud Star Acquisition in the fourth quarter worth $1,511,000. Meteora Capital LLC purchased a new position in DT Cloud Star Acquisition during the fourth quarter worth about $1,032,000. Quarry LP bought a new position in DT Cloud Star Acquisition in the 4th quarter worth about $748,000. Crossingbridge Advisors LLC raised its holdings in shares of DT Cloud Star Acquisition by 100.0% in the 4th quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock valued at $538,000 after acquiring an additional 25,000 shares in the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of DT Cloud Star Acquisition by 100.0% in the 2nd quarter. Gabelli Funds LLC now owns 168,000 shares of the company’s stock valued at $1,744,000 after acquiring an additional 84,000 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of DT Cloud Star Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

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.