Flag Ship Acquisition (NASDAQ:FSHP) Stock Price Up 0.1% – Here’s What Happened

Flag Ship Acquisition Corporation (NASDAQ:FSHPGet Free Report)’s share price rose 0.1% on Wednesday . The stock traded as high as $11.02 and last traded at $11.03. Approximately 1,160 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 3,154 shares. The stock had previously closed at $11.02.

Flag Ship Acquisition Stock Down 0.5%

The company has a fifty day moving average price of $11.00 and a two-hundred day moving average price of $10.86.

Flag Ship Acquisition (NASDAQ:FSHPGet Free Report) last announced its earnings results on Friday, May 29th. The company reported $0.05 earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Flag Ship Acquisition

Institutional investors and hedge funds have recently modified their holdings of the stock. Crossingbridge Advisors LLC acquired a new stake in shares of Flag Ship Acquisition during the third quarter worth $1,415,000. Berkley W R Corp raised its position in shares of Flag Ship Acquisition by 8.4% during the first quarter. Berkley W R Corp now owns 434,420 shares of the company’s stock worth $4,748,000 after purchasing an additional 33,482 shares during the period. Toronto Dominion Bank acquired a new stake in shares of Flag Ship Acquisition during the fourth quarter worth $37,000. Finally, Clear Street Group Inc. acquired a new stake in shares of Flag Ship Acquisition during the third quarter worth $77,000.

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.

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