Blue Water Acquisition Corp. III (NASDAQ:BLUW – Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.09 EPS for the quarter, FiscalAI reports.
Blue Water Acquisition Corp. III Trading Down 0.0%
Shares of BLUW traded down $0.01 during midday trading on Friday, hitting $10.44. 336 shares of the company traded hands, compared to its average volume of 46,518. The stock has a 50-day moving average of $10.39 and a 200-day moving average of $10.33. Blue Water Acquisition Corp. III has a one year low of $10.02 and a one year high of $10.44.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised Blue Water Acquisition Corp. III from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.
Get Our Latest Analysis on Blue Water Acquisition Corp. III
Hedge Funds Weigh In On Blue Water Acquisition Corp. III
A hedge fund recently bought a new position in Blue Water Acquisition Corp. III stock. Kepos Capital LP purchased a new stake in shares of Blue Water Acquisition Corp. III (NASDAQ:BLUW – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 75,000 shares of the company’s stock, valued at approximately $778,000. Kepos Capital LP owned approximately 0.27% of Blue Water Acquisition Corp. III as of its most recent SEC filing.
About Blue Water Acquisition Corp. III
Blue Water Acquisition Corp. III is a special purpose acquisition company, or SPAC, formed to pursue a merger, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Like other SPACs, the company does not have significant operating activities or its own portfolio of products and services while it searches for a business combination. Its business focus, target geographies and operating leadership beyond its SPAC management have not been specified here.
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