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DT Cloud Star Acquisition (NASDAQ:DTSQ) Stock Price Down 0.4% - Time to Sell?

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Key Points

  • DTSQ shares dipped 0.4% to $11.15 with intraday volume of 25,169 shares — roughly a 1,579% jump versus average session volume, and the stock sits near its 50‑day ($11.00) and 200‑day ($10.80) moving averages.
  • Analysts hold a consensus Sell rating on DT Cloud Star Acquisition, with Weiss Ratings reissuing a "sell (d)" on Jan. 9.
  • Institutional investors have been increasing exposure, notably Berkley W R Corp boosting its stake 69.5% to 673,926 shares (~$7.05M) and Gabelli Funds doubling to 168,000 shares.
  • Interested in DT Cloud Star Acquisition? Here are five stocks we like better.

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ - Get Free Report)'s share price fell 0.4% during trading on Wednesday . The stock traded as low as $11.15 and last traded at $11.15. 25,169 shares changed hands during mid-day trading, an increase of 1,579% from the average session volume of 1,499 shares. The stock had previously closed at $11.20.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "sell (d)" rating on shares of DT Cloud Star Acquisition in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of "Sell".

Check Out Our Latest Stock Report on DT Cloud Star Acquisition

DT Cloud Star Acquisition Price Performance

The stock has a 50 day moving average of $11.00 and a two-hundred day moving average of $10.80.

DT Cloud Star Acquisition (NASDAQ:DTSQ - Get Free Report) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.08 earnings per share for the quarter.

Hedge Funds Weigh In On DT Cloud Star Acquisition

Several institutional investors and hedge funds have recently bought and sold shares of the business. Berkley W R Corp grew its stake in DT Cloud Star Acquisition by 69.5% during the 3rd quarter. Berkley W R Corp now owns 673,926 shares of the company's stock valued at $7,049,000 after acquiring an additional 276,278 shares in the last quarter. Gabelli Funds LLC grew its stake in DT Cloud Star Acquisition by 100.0% during the 2nd quarter. Gabelli Funds LLC now owns 168,000 shares of the company's stock valued at $1,744,000 after acquiring an additional 84,000 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in DT Cloud Star Acquisition during the 4th quarter valued at about $1,511,000. Clear Street Group Inc. grew its stake in DT Cloud Star Acquisition by 44.0% during the 4th quarter. Clear Street Group Inc. now owns 108,780 shares of the company's stock valued at $1,170,000 after acquiring an additional 33,235 shares in the last quarter. Finally, Meteora Capital LLC purchased a new position in DT Cloud Star Acquisition during the 4th quarter valued at about $1,032,000.

About DT Cloud Star Acquisition

(Get Free Report)

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.

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