Flag Ship Acquisition (NASDAQ:FSHP) Trading 0.1% Higher – Here’s What Happened

Flag Ship Acquisition Corporation (NASDAQ:FSHP)’s stock price traded up 0.1% on Tuesday . The stock traded as high as $10.83 and last traded at $10.8410. 54,901 shares were traded during trading, an increase of 913% from the average session volume of 5,418 shares. The stock had previously closed at $10.83.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Flag Ship Acquisition in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Flag Ship Acquisition Trading Up 0.1%

The company’s fifty day moving average price is $10.82 and its 200 day moving average price is $10.70.

Institutional Trading of Flag Ship Acquisition

A number of institutional investors have recently modified their holdings of FSHP. Toronto Dominion Bank bought a new position in shares of Flag Ship Acquisition in the fourth quarter worth $37,000. Clear Street Group Inc. bought a new stake in Flag Ship Acquisition during the third quarter worth about $77,000. Crossingbridge Advisors LLC acquired a new stake in Flag Ship Acquisition during the third quarter worth about $1,415,000. Finally, Berkley W R Corp increased its holdings in Flag Ship Acquisition by 2.0% in the 2nd quarter. Berkley W R Corp now owns 658,831 shares of the company’s stock valued at $6,845,000 after buying an additional 12,885 shares during the period.

About Flag Ship Acquisition

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York.