DT Cloud Star Acquisition (NASDAQ:DTSQ) Shares Down 0.1% – Here’s Why

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ)’s stock price fell 0.1% during trading on Monday . The stock traded as low as $11.32 and last traded at $11.3690. 651 shares were traded during trading, a decline of 80% from the average daily volume of 3,235 shares. The stock had previously closed at $11.38.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of DT Cloud Star Acquisition in a research report on Monday, June 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, DT Cloud Star Acquisition presently has a consensus rating of “Sell”.

DT Cloud Star Acquisition Stock Down 0.1%

The stock has a 50-day simple moving average of $11.26 and a 200 day simple moving average of $11.08.

DT Cloud Star Acquisition (NASDAQ:DTSQ) last released its quarterly earnings data on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On DT Cloud Star Acquisition

A number of institutional investors have recently bought and sold shares of the business. Wolverine Asset Management LLC bought a new stake in DT Cloud Star Acquisition in the 4th quarter valued at $1,511,000. Meteora Capital LLC acquired a new position in shares of DT Cloud Star Acquisition in the 4th quarter valued at $1,032,000. Gabelli Funds LLC lifted its holdings in shares of DT Cloud Star Acquisition by 100.0% during the 2nd quarter. Gabelli Funds LLC now owns 168,000 shares of the company’s stock worth $1,744,000 after acquiring an additional 84,000 shares during the period. Clear Street Group Inc. bought a new position in shares of DT Cloud Star Acquisition during the 3rd quarter worth about $792,000. Finally, Quarry LP acquired a new stake in shares of DT Cloud Star Acquisition during the 4th quarter valued at about $748,000.

About DT Cloud Star Acquisition

DT Cloud Star Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2022 and is based in Brooklyn, New York.