Oxus Acquisition Corp. (NASDAQ:OXUS – Get Free Report)’s stock price was up 23.4% on Wednesday. The stock traded as high as $1.3250 and last traded at $1.13. Approximately 42,905 shares traded hands during trading, an increase of 12% from the average daily volume of 38,372 shares. The stock had previously closed at $0.9160.
Oxus Acquisition Stock Performance
The firm has a 50-day moving average price of $1.20 and a 200-day moving average price of $1.22. The stock has a market cap of $7.15 million, a PE ratio of -5.19 and a beta of 0.01.
Oxus Acquisition Company Profile
Oxus Acquisition Corp. was a special purpose acquisition company, or SPAC, formed to identify and complete a business combination with an operating company. As a blank-check company, Oxus did not conduct significant commercial operations of its own before completing or pursuing a transaction and instead focused on evaluating potential merger, acquisition, or similar opportunities.
The company’s stated investment focus included businesses with operations or growth prospects in emerging markets, particularly in Central Asia, the Middle East, North Africa, and other international markets.
Read More
- Five stocks we like better than Oxus Acquisition
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Oxus Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxus Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
