DT Cloud Star Acquisition (NASDAQ:DTSQ) Trading Down 0.4% – Time to Sell?

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ)’s stock price was down 0.4% on Wednesday . The stock traded as low as $10.79 and last traded at $10.7450. Approximately 113 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 4,555 shares. The stock had previously closed at $10.79.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of DT Cloud Star Acquisition in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, DT Cloud Star Acquisition has a consensus rating of “Sell”.

DT Cloud Star Acquisition Trading Down 0.4%

The firm’s 50-day simple moving average is $10.60 and its two-hundred day simple moving average is $10.49.

DT Cloud Star Acquisition (NASDAQ:DTSQ) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.09 earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On DT Cloud Star Acquisition

A number of large investors have recently added to or reduced their stakes in DTSQ. Clear Street Group Inc. acquired a new position in DT Cloud Star Acquisition during the third quarter worth about $792,000. Gabelli Funds LLC acquired a new stake in DT Cloud Star Acquisition during the 1st quarter valued at $860,000. Quarry LP increased its position in DT Cloud Star Acquisition by 100.0% during the first quarter. Quarry LP now owns 200,000 shares of the company’s stock worth $2,052,000 after buying an additional 100,000 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. lifted its position in shares of DT Cloud Star Acquisition by 100.0% in the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 232,000 shares of the company’s stock valued at $2,408,000 after acquiring an additional 116,000 shares in the last quarter. Finally, Wealthspring Capital LLC boosted its stake in shares of DT Cloud Star Acquisition by 1,284.4% during the second quarter. Wealthspring Capital LLC now owns 247,800 shares of the company’s stock valued at $2,572,000 after acquiring an additional 229,900 shares during the last quarter.

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.