Flag Ship Acquisition (NASDAQ:FSHP) Shares Up 0.4% – Time to Buy?

Posted by Danessa Lincoln on Jul 12th, 2026

Flag Ship Acquisition Corporation (NASDAQ:FSHP – Get Free Report)’s share price was up 0.4% on Friday . The stock traded as high as $11.44 and last traded at $11.2450. Approximately 357 shares traded hands during trading, an increase of 13% from the average daily volume of 315 shares. The stock had previously closed at $11.20.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Flag Ship Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 11th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on FSHP

Flag Ship Acquisition Price Performance

The business’s 50-day moving average price is $11.08 and its two-hundred day moving average price is $10.94.

Flag Ship Acquisition (NASDAQ:FSHP – Get Free Report) last released its earnings results on Friday, May 29th. The company reported $0.05 EPS for the quarter.

Institutional Investors Weigh In On Flag Ship Acquisition

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Toronto Dominion Bank acquired a new stake in Flag Ship Acquisition in the 4th quarter worth about $37,000. Berkley W R Corp grew its holdings in Flag Ship Acquisition by 8.4% in the 1st quarter. Berkley W R Corp now owns 434,420 shares of the company’s stock valued at $4,748,000 after buying an additional 33,482 shares during the period. Finally, Clear Street Group Inc. acquired a new position in shares of Flag Ship Acquisition during the 3rd quarter valued at about $77,000.

About Flag Ship Acquisition

(Get Free Report)

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York.