Blue Water Acquisition Corp. III (NASDAQ:BLUW) Trading Up 0% – What’s Next?

Blue Water Acquisition Corp. III (NASDAQ:BLUW)’s stock price traded up 0% during trading on Monday . The stock traded as high as $10.33 and last traded at $10.3250. Approximately 1,099 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 16,463 shares. The stock had previously closed at $10.32.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Blue Water Acquisition Corp. III from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Blue Water Acquisition Corp. III Stock Down 0.1%

The company has a 50 day moving average price of $10.30 and a 200-day moving average price of $10.31.

Blue Water Acquisition Corp. III (NASDAQ:BLUW) last issued its quarterly earnings results on Tuesday, April 14th. The company reported ($0.03) EPS for the quarter.

Institutional Trading of Blue Water Acquisition Corp. III

A number of hedge funds and other institutional investors have recently made changes to their positions in BLUW. Anson Funds Management LP acquired a new stake in shares of Blue Water Acquisition Corp. III in the 4th quarter worth approximately $25,645,000. Harraden Circle Investments LLC bought a new position in Blue Water Acquisition Corp. III during the 4th quarter valued at $17,779,000. AQR Arbitrage LLC acquired a new position in shares of Blue Water Acquisition Corp. III during the 3rd quarter valued at $11,485,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of Blue Water Acquisition Corp. III during the 3rd quarter valued at $9,970,000. Finally, Two Sigma Investments LP bought a new stake in shares of Blue Water Acquisition Corp. III in the 3rd quarter worth $7,943,000.

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.