DT Cloud Star Acquisition (NASDAQ:DTSQ) Posts Earnings Results

DT Cloud Star Acquisition (NASDAQ:DTSQ) announced its earnings results on Monday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports.

DT Cloud Star Acquisition Stock Performance

Shares of DTSQ stock opened at $11.33 on Wednesday. The business has a 50-day moving average of $11.31 and a 200 day moving average of $11.14. DT Cloud Star Acquisition has a 1-year low of $10.38 and a 1-year high of $12.90.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Crossingbridge Advisors LLC boosted its position in DT Cloud Star Acquisition by 100.0% during the 4th quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock valued at $538,000 after buying an additional 25,000 shares during the period. Clear Street Group Inc. grew its stake in shares of DT Cloud Star Acquisition by 44.0% in the fourth 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 last quarter. Quarry LP bought a new position in DT Cloud Star Acquisition during the 4th quarter valued at approximately $748,000. Gabelli Funds LLC boosted its holdings in DT Cloud Star Acquisition by 100.0% in the second quarter. Gabelli Funds LLC now owns 168,000 shares of the company’s stock valued at $1,744,000 after acquiring an additional 84,000 shares in the last quarter. Finally, Meteora Capital LLC bought a new position in shares of DT Cloud Star Acquisition in the 4th quarter worth approximately $1,032,000.

DT Cloud Star Acquisition Company Profile

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.