Flag Ship Acquisition (NASDAQ:FSHP) Trading Down 0.1% – Here’s Why

Posted by Sarita Garza on Jun 20th, 2026

Flag Ship Acquisition Corporation (NASDAQ:FSHP – Get Free Report)’s stock price traded down 0.1% during trading on Thursday . The company traded as low as $11.09 and last traded at $11.0050. 8 shares were traded during trading, a decline of 100% from the average session volume of 39,371 shares. The stock had previously closed at $11.02.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on FSHP

Flag Ship Acquisition Stock Performance

The business has a 50-day moving average price of $11.03 and a 200-day moving average price of $10.90.

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FSHP. Toronto Dominion Bank purchased a new stake in Flag Ship Acquisition during the fourth quarter worth $37,000. Clear Street Group Inc. bought a new stake in Flag Ship Acquisition during the 3rd quarter valued at $77,000. Berkley W R Corp increased its holdings in shares of 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 acquiring an additional 33,482 shares during the period. Finally, Crossingbridge Advisors LLC purchased a new position in shares of Flag Ship Acquisition in the 3rd quarter valued at $1,415,000.

Flag Ship Acquisition Company Profile

(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.