Blue Water Acquisition Corp. III (NASDAQ:BLUW) Posts Earnings Results

Blue Water Acquisition Corp. III (NASDAQ:BLUWGet Free Report) issued its earnings results on Wednesday. The company reported $0.08 EPS for the quarter, FiscalAI reports.

Blue Water Acquisition Corp. III Stock Up 0.0%

NASDAQ BLUW traded up $0.00 during trading on Thursday, hitting $10.35. The company had a trading volume of 6,534 shares, compared to its average volume of 20,829. Blue Water Acquisition Corp. III has a one year low of $9.94 and a one year high of $10.41. The company’s fifty day moving average is $10.33 and its 200-day moving average is $10.31.

Institutional Investors Weigh In On Blue Water Acquisition Corp. III

Several institutional investors and hedge funds have recently added to or reduced their stakes in BLUW. BNP Paribas Financial Markets purchased a new stake in Blue Water Acquisition Corp. III during the 3rd quarter valued at about $3,455,000. Two Sigma Investments LP acquired a new position in Blue Water Acquisition Corp. III during the third quarter worth about $7,943,000. Virtu Financial LLC purchased a new stake in Blue Water Acquisition Corp. III in the 3rd quarter worth approximately $4,566,000. AQR Arbitrage LLC purchased a new stake in shares of Blue Water Acquisition Corp. III in the third quarter worth about $11,485,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in shares of Blue Water Acquisition Corp. III in the 3rd quarter worth about $9,970,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Blue Water Acquisition Corp. III in a research report on Tuesday, July 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on Blue Water Acquisition Corp. III

Blue Water Acquisition Corp. III Company Profile

(Get Free Report)

Blue Water Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Greenwich, Connecticut.

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