Welsbach Technology Metals Acquisition (NASDAQ:WTMAR) Trading 21% Higher – Still a Buy?

Welsbach Technology Metals Acquisition Corp. (NASDAQ:WTMARGet Free Report) shares shot up 21% on Friday . The company traded as high as $0.6235 and last traded at $0.6050. 36,000 shares were traded during trading, a decline of 4% from the average session volume of 37,589 shares. The stock had previously closed at $0.50.

Welsbach Technology Metals Acquisition Price Performance

The business’s 50 day simple moving average is $0.55 and its 200 day simple moving average is $0.52.

About Welsbach Technology Metals Acquisition

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Welsbach Technology Metals Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology metals and energy transition metals sectors. Welsbach Technology Metals Acquisition Corp. was incorporated in 2021 and is based in Lombard, Illinois.

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