Oxus Acquisition Corp. (NASDAQ:OXUS – Get Free Report)’s share price rose 2.3% during mid-day trading on Thursday . The company traded as high as $1.35 and last traded at $1.33. Approximately 24,772 shares changed hands during trading, a decline of 35% from the average daily volume of 38,372 shares. The stock had previously closed at $1.30.
Oxus Acquisition Stock Performance
The firm has a market cap of $9.06 million, a price-to-earnings ratio of -6.57 and a beta of 0.01. The stock’s 50 day simple moving average is $1.38 and its 200-day simple moving average is $1.74.
About Oxus Acquisition
Oxus Acquisition Corp is a special-purpose acquisition company (SPAC) incorporated in the Cayman Islands and listed on the Nasdaq Stock Market under the ticker symbol OXUS. As a blank-check acquisition vehicle, the company was formed to raise capital through an initial public offering and to complete a business combination, merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar transaction with one or more operating businesses.
Following its public listing, Oxus Acquisition has held its assets in a trust account while seeking a target company.
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