Dynamix Corp III (NASDAQ:DNMX) Announces Earnings Results

Dynamix Corp III (NASDAQ:DNMXGet Free Report) posted its quarterly earnings results on Thursday. The company reported $0.04 EPS for the quarter, Zacks reports.

Dynamix Corp III Stock Up 0.0%

Shares of Dynamix Corp III stock traded up $0.01 during trading on Thursday, hitting $10.04. 4,117 shares of the stock were exchanged, compared to its average volume of 6,277. The stock’s fifty day moving average is $10.02 and its 200 day moving average is $9.98. Dynamix Corp III has a 12 month low of $9.87 and a 12 month high of $10.04.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Dynamix Corp III in a research note on Monday, June 8th. They set a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Dynamix Corp III currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on DNMX

Institutional Trading of Dynamix Corp III

Hedge funds have recently bought and sold shares of the company. Picton Mahoney Asset Management acquired a new position in Dynamix Corp III during the 4th quarter valued at about $2,967,000. StoneX Group Inc. acquired a new stake in shares of Dynamix Corp III in the fourth quarter valued at approximately $1,820,000. First Trust Capital Management L.P. bought a new stake in shares of Dynamix Corp III during the fourth quarter valued at approximately $4,945,000. Glazer Capital LLC bought a new stake in shares of Dynamix Corp III during the fourth quarter valued at approximately $6,185,000. Finally, Bulldog Investors LLP acquired a new position in shares of Dynamix Corp III during the fourth quarter worth approximately $494,000.

Dynamix Corp III Company Profile

(Get Free Report)

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.

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