Dynamix Corp III (NASDAQ:DNMX – Get Free Report) posted its earnings results on Friday. The company reported $0.04 EPS for the quarter, FiscalAI reports.
Dynamix Corp III Trading Up 0.4%
NASDAQ:DNMX opened at $10.15 on Friday. Dynamix Corp III has a 1-year low of $9.87 and a 1-year high of $10.15. The company’s 50-day moving average is $10.09 and its two-hundred day moving average is $10.01.
Institutional Trading of Dynamix Corp III
A number of hedge funds have recently modified their holdings of the business. Sona Asset Management US LLC bought a new stake in shares of Dynamix Corp III during the 1st quarter valued at $3,889,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Dynamix Corp III during the first quarter valued at approximately $5,952,000. Gritstone Asset Management LLC bought a new stake in Dynamix Corp III during the first quarter valued at about $496,000. Rivernorth Capital Management LLC bought a new stake in shares of Dynamix Corp III in the first quarter valued at about $744,000. Finally, ABC Arbitrage SA acquired a new position in shares of Dynamix Corp III in the first quarter worth about $198,000.
Analysts Set New Price Targets
Separately, Weiss Ratings upgraded Dynamix Corp III from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 14th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on Dynamix Corp III
About Dynamix Corp III
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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