Forafric Global PLC (NASDAQ:AFRIW – Get Free Report)’s share price was up 1.4% during trading on Monday . The company traded as high as $0.71 and last traded at $0.71. Approximately 401 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 5,884 shares. The stock had previously closed at $0.70.
Forafric Global Trading Up 12.9%
The company has a fifty day moving average price of $0.73 and a 200 day moving average price of $0.85.
Forafric Global Company Profile
Forafric Global Corp (NASDAQ: AFRIW) is a Delaware-incorporated special purpose acquisition company formed in 2021 with the objective of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in Africa. As a blank check company, Forafric Global does not currently conduct any operating business, instead raising capital through its initial public offering on the Nasdaq to pursue acquisition targets that leverage technological innovation to drive growth across the continent’s emerging markets.
The company’s strategy focuses on sectors including financial technology, digital infrastructure, telecommunications, renewable energy and e-commerce platforms.
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