DT Cloud Star Acquisition (NASDAQ:DTSQ) Trading Up 0.2% – What’s Next?

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ)’s share price traded up 0.2% during trading on Thursday . The company traded as high as $11.24 and last traded at $11.2910. 1,295 shares were traded during trading, a decline of 67% from the average session volume of 3,973 shares. The stock had previously closed at $11.27.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded DT Cloud Star Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, DT Cloud Star Acquisition has a consensus rating of “Hold”.

DT Cloud Star Acquisition Trading Down 0.2%

The firm’s 50 day simple moving average is $11.31 and its 200-day simple moving average is $11.15.

DT Cloud Star Acquisition (NASDAQ:DTSQ) last released its earnings results on Monday, August 3rd. The company reported $0.06 earnings per share for the quarter.

Institutional Trading of DT Cloud Star Acquisition

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Meteora Capital LLC acquired a new position in DT Cloud Star Acquisition in the fourth quarter valued at approximately $1,032,000. Clear Street Group Inc. grew its holdings in shares of DT Cloud Star Acquisition by 44.0% during the 4th quarter. Clear Street Group Inc. now owns 108,780 shares of the company’s stock worth $1,170,000 after purchasing an additional 33,235 shares during the period. Quarry LP acquired a new stake in shares of DT Cloud Star Acquisition during the fourth quarter valued at about $748,000. Crossingbridge Advisors LLC increased its holdings in DT Cloud Star Acquisition by 100.0% in the 4th quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock valued at $538,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Wolverine Asset Management LLC acquired a new stake in shares of DT Cloud Star Acquisition in the fourth quarter valued at $1,511,000.

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.