DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ – Get Free Report)’s share price traded up 0.9% during trading on Tuesday. The stock traded as high as $11.50 and last traded at $11.6040. Approximately 868 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 780 shares. The stock had previously closed at $11.50.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised DT Cloud Star Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.
View Our Latest Analysis on DT Cloud Star Acquisition
DT Cloud Star Acquisition Price Performance
DT Cloud Star Acquisition (NASDAQ:DTSQ – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.06 earnings per share (EPS) for the quarter.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in DT Cloud Star Acquisition stock. Clear Street Group Inc. increased its stake in DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ – Free Report) by 44.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 108,780 shares of the company’s stock after purchasing an additional 33,235 shares during the quarter. Clear Street Group Inc. owned 1.22% of DT Cloud Star Acquisition worth $1,170,000 at the end of the most recent quarter.
DT Cloud Star Acquisition Company Profile
DT Cloud Star Acquisition Corporation is a special purpose acquisition company (SPAC) incorporated in Delaware. The company was formed to identify and complete a business combination with one or more operating companies.
Rather than providing products or services of its own, DT Cloud Star Acquisition seeks to pursue a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar transaction. Its activities primarily involve evaluating potential targets, negotiating a transaction and completing the related regulatory and shareholder processes.
The company’s public disclosures provide limited information about a specific operating business, geographic market or product portfolio.
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