Maquia Capital Acquisition (NASDAQ:MAQC) Shares Up 18% – Time to Buy?

Maquia Capital Acquisition Co. (NASDAQ:MAQCGet Free Report) shot up 18% on Monday . The stock traded as high as $2.36 and last traded at $2.36. 100 shares were traded during trading, a decline of 92% from the average daily volume of 1,292 shares. The stock had previously closed at $2.00.

Maquia Capital Acquisition Stock Performance

The company has a 50 day moving average price of $2.19 and a 200 day moving average price of $2.12. The company has a market capitalization of $12.32 million, a price-to-earnings ratio of -78.67 and a beta of -0.03.

About Maquia Capital Acquisition

(Get Free Report)

Maquia Capital Acquisition Corp. is an exempted Cayman Islands company formed as a special purpose acquisition company (SPAC) with the objective of effecting a merger, capital stock exchange, asset acquisition or similar business combination. The company completed its initial public offering on the Nasdaq under the ticker MAQC, raising capital to pursue acquisition opportunities.

The company focuses on identifying and combining with one or more businesses in sectors such as consumer, healthcare and technology.

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