Big Tree Cloud (NASDAQ:DSY) Shares Up 2.6% – Time to Buy?

Big Tree Cloud Holdings Limited (NASDAQ:DSY)’s share price shot up 2.6% on Thursday . The company traded as high as $4.34 and last traded at $4.34. 62,513 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 2,990,817 shares. The stock had previously closed at $4.23.

Big Tree Cloud Stock Performance

The business’s 50 day simple moving average is $2.89 and its two-hundred day simple moving average is $3.62.

Big Tree Cloud (NASDAQ:DSY) last announced its quarterly earnings results on Saturday, April 4th. The company reported ($0.22) EPS for the quarter. The firm had revenue of $0.25 million during the quarter.

Hedge Funds Weigh In On Big Tree Cloud

A hedge fund recently bought a new position in Big Tree Cloud stock. Virtu Financial LLC purchased a new stake in shares of Big Tree Cloud Holdings Limited (NASDAQ:DSY) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 32,523 shares of the company’s stock, valued at approximately $34,000. Hedge funds and other institutional investors own 60.21% of the company’s stock.

About Big Tree Cloud

Big Tree Cloud Holdings Limited manufactures and sells personal care products and other consumer goods. The company is based in Shenzhen, China. Big Tree Cloud Holdings Limited operates as a subsidiary of Ploutos Group Limited.