Blue Water Acquisition Corp. III (NASDAQ:BLUW – Get Free Report) issued its earnings results on Wednesday. The company reported $0.08 EPS for the quarter, FiscalAI reports.
Blue Water Acquisition Corp. III Stock Up 0.0%
NASDAQ:BLUW traded up $0.01 during mid-day trading on Friday, hitting $10.36. 6,534 shares of the company’s stock were exchanged, compared to its average volume of 20,067. The company has a 50 day simple moving average of $10.33 and a 200-day simple moving average of $10.31. Blue Water Acquisition Corp. III has a fifty-two week low of $9.94 and a fifty-two week high of $10.41.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Blue Water Acquisition Corp. III in a research note on Tuesday, July 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Blue Water Acquisition Corp. III presently has an average rating of “Sell”.
Institutional Trading of Blue Water Acquisition Corp. III
A number of institutional investors have recently modified their holdings of the business. MYDA Advisors LLC bought a new stake in Blue Water Acquisition Corp. III in the 4th quarter worth $3,096,000. L1 Global Manager Pty Ltd bought a new position in Blue Water Acquisition Corp. III during the fourth quarter valued at $1,032,000. Lineage Point Capital LP purchased a new position in Blue Water Acquisition Corp. III during the 4th quarter valued at about $1,130,000. Cantor Fitzgerald L. P. acquired a new stake in Blue Water Acquisition Corp. III in the 4th quarter worth approximately $670,000. Finally, Geode Capital Management LLC boosted its holdings in Blue Water Acquisition Corp. III by 193.0% during the fourth quarter. Geode Capital Management LLC now owns 61,427 shares of the company’s stock worth $634,000 after buying an additional 40,463 shares in the last quarter.
About Blue Water Acquisition Corp. III
Blue Water Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Greenwich, Connecticut.
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