Big Tree Cloud (NASDAQ:DSY) Stock Price Down 3.7% – Here’s Why

Big Tree Cloud Holdings Limited (NASDAQ:DSY)’s share price dropped 3.7% during mid-day trading on Wednesday . The stock traded as low as $0.60 and last traded at $0.65. Approximately 263,019 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 253,304 shares. The stock had previously closed at $0.68.

Analysts Set New Price Targets

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

Big Tree Cloud Price Performance

The firm’s fifty day moving average price is $1.13 and its 200 day moving average price is $1.28.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Big Tree Cloud stock. Virtu Financial LLC acquired a new stake in shares of Big Tree Cloud Holdings Limited (NASDAQ:DSY) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 34,697 shares of the company’s stock, valued at approximately $36,000. Virtu Financial LLC owned approximately 0.69% of Big Tree Cloud as of its most recent SEC filing. Institutional investors and hedge funds 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.