Big Tree Cloud (NASDAQ:DSY) Stock Price Up 2.6% – What’s Next?

Big Tree Cloud Holdings Limited (NASDAQ:DSY) shares traded up 2.6% on Thursday . The company traded as high as $4.34 and last traded at $4.34. 62,513 shares traded hands during trading, a decline of 98% from the average daily volume of 2,990,817 shares. The stock had previously closed at $4.23.

Big Tree Cloud Price Performance

The stock’s 50-day moving average price is $2.92 and its 200-day moving average price is $3.62.

Big Tree Cloud (NASDAQ:DSY) last released its quarterly earnings results on Saturday, April 4th. The company reported ($0.22) EPS for the quarter. The company had revenue of $0.25 million for the quarter.

Institutional Investors Weigh In On Big Tree Cloud

An institutional investor recently bought a new stake in Big Tree Cloud stock. Sabby Management LLC purchased a new position in shares of 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 purchased 7,720,762 shares of the company’s stock, valued at approximately $8,030,000. Big Tree Cloud makes up 9.2% of Sabby Management LLC’s holdings, making the stock its biggest holding. Sabby Management LLC owned about 8.12% of Big Tree Cloud at the end of the most recent reporting period. 60.21% of the stock is currently owned by hedge funds and other institutional investors.

Big Tree Cloud Company Profile

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.