Centurion Acquisition Corp. (NASDAQ:ALFUU – Get Free Report) shares traded down 0.5% during mid-day trading on Monday. The stock traded as low as $11.05 and last traded at $11.05. 100 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,589 shares. The stock had previously closed at $11.10.
Centurion Acquisition Price Performance
The company has a 50 day simple moving average of $10.93 and a 200-day simple moving average of $10.94.
Centurion Acquisition Company Profile
Centurion Acquisition is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating businesses. Its activities may include pursuing a merger, share exchange, asset acquisition, reorganization or similar transaction.
Unlike an operating company, Centurion Acquisition does not appear to provide products or services directly to customers. Its primary purpose is to raise capital and seek a suitable target company, potentially in a range of industries or geographic markets.
Centurion Acquisition’s securities trade on the Nasdaq under related symbols, including ALFUU for its units.
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