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

DT Cloud Star Acquisition (NASDAQ:DTSQ) posted its quarterly earnings data on Friday. The company reported $0.02 earnings per share (EPS) for the quarter, FiscalAI reports.

DT Cloud Star Acquisition Price Performance

DT Cloud Star Acquisition stock traded down $0.12 during mid-day trading on Friday, reaching $11.11. The company had a trading volume of 417 shares, compared to its average volume of 2,579. DT Cloud Star Acquisition has a 52 week low of $10.28 and a 52 week high of $12.90. The company has a 50 day moving average of $11.10 and a 200-day moving average of $10.90.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of DT Cloud Star Acquisition in a report on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On DT Cloud Star Acquisition

A number of hedge funds have recently made changes to their positions in DTSQ. Berkley W R Corp raised its stake in shares of DT Cloud Star Acquisition by 69.5% in the 3rd quarter. Berkley W R Corp now owns 673,926 shares of the company’s stock valued at $7,049,000 after buying an additional 276,278 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in shares of DT Cloud Star Acquisition in the 4th quarter valued at $1,511,000. Meteora Capital LLC acquired a new position in shares of DT Cloud Star Acquisition in the 4th quarter valued at $1,032,000. Gabelli Funds LLC raised its stake in shares of DT Cloud Star Acquisition by 100.0% in the 2nd quarter. Gabelli Funds LLC now owns 168,000 shares of the company’s stock valued at $1,744,000 after buying an additional 84,000 shares in the last quarter. Finally, Clear Street Group Inc. acquired a new position in shares of DT Cloud Star Acquisition in the 3rd quarter valued at $792,000.

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.