DT Cloud Star Acquisition (NASDAQ:DTSQ) Announces Quarterly Earnings Results

DT Cloud Star Acquisition (NASDAQ:DTSQ) released its quarterly earnings data on Wednesday. The company reported $0.09 earnings per share (EPS) for the quarter, FiscalAI reports.

DT Cloud Star Acquisition Stock Performance

DTSQ traded down $0.04 during trading on Friday, hitting $10.82. The stock had a trading volume of 927 shares, compared to its average volume of 15,775. The company has a 50 day moving average price of $10.53 and a 200-day moving average price of $10.45. DT Cloud Star Acquisition has a one year low of $10.03 and a one year high of $11.04.

Hedge Funds Weigh In On DT Cloud Star Acquisition

Hedge funds have recently bought and sold shares of the business. Gabelli Funds LLC acquired a new position in DT Cloud Star Acquisition during the first quarter valued at approximately $860,000. Quarry LP increased its stake in shares of DT Cloud Star Acquisition by 100.0% in the 1st quarter. Quarry LP now owns 200,000 shares of the company’s stock valued at $2,052,000 after purchasing an additional 100,000 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in shares of DT Cloud Star Acquisition by 100.0% during the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 232,000 shares of the company’s stock worth $2,408,000 after buying an additional 116,000 shares in the last quarter. Wealthspring Capital LLC raised its holdings in shares of DT Cloud Star Acquisition by 1,284.4% during the 2nd quarter. Wealthspring Capital LLC now owns 247,800 shares of the company’s stock worth $2,572,000 after buying an additional 229,900 shares in the last quarter. Finally, Westchester Capital Management LLC lifted its position in shares of DT Cloud Star Acquisition by 182.0% during the 1st quarter. Westchester Capital Management LLC now owns 352,500 shares of the company’s stock worth $3,613,000 after buying an additional 227,500 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of DT Cloud Star Acquisition in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, DT Cloud Star Acquisition presently has an average rating of “Sell”.

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.