Big Tree Cloud (NASDAQ:DSY) Shares Down 1.7% – Here’s Why

Big Tree Cloud Holdings Limited (NASDAQ:DSY) shares fell 1.7% during trading on Friday . The company traded as low as $0.4112 and last traded at $0.4127. 116,669 shares changed hands during trading, a decline of 7% from the average session volume of 125,762 shares. The stock had previously closed at $0.4199.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Big Tree Cloud in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Big Tree Cloud Price Performance

The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.06 and a current ratio of 1.14. The firm’s 50-day simple moving average is $0.66 and its 200-day simple moving average is $1.07.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Big Tree Cloud stock. Virtu Financial LLC bought a new stake in Big Tree Cloud Holdings Limited (NASDAQ:DSY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,523 shares of the company’s stock, valued at approximately $34,000. Hedge funds and other institutional investors own 60.21% of the company’s stock.

About Big Tree Cloud

Big Tree Cloud Holdings Limited manufactures and sells personal care products and other consumer goods. The company is based in Shenzhen, China. Big Tree Cloud Holdings Limited operates as a subsidiary of Ploutos Group Limited.