Flag Ship Acquisition (NASDAQ:FSHP) Announces Quarterly Earnings Results

Flag Ship Acquisition (NASDAQ:FSHP) announced its quarterly earnings data on Friday. The company reported $0.05 earnings per share (EPS) for the quarter, FiscalAI reports.

Flag Ship Acquisition Price Performance

Shares of NASDAQ:FSHP opened at $10.97 on Friday. Flag Ship Acquisition has a 52-week low of $10.41 and a 52-week high of $12.00. The business’s 50 day moving average is $11.00 and its 200 day moving average is $10.86.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Crossingbridge Advisors LLC bought a new position in Flag Ship Acquisition in the third quarter worth approximately $1,415,000. Clear Street Group Inc. purchased a new stake in Flag Ship Acquisition during the third quarter worth $77,000. Berkley W R Corp lifted its holdings in 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 buying an additional 33,482 shares during the period. Finally, Toronto Dominion Bank purchased a new stake in Flag Ship Acquisition during the fourth quarter worth $37,000.

About Flag Ship Acquisition

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.