Oxus Acquisition Corp. (NASDAQ:OXUS – Get Free Report)’s share price fell 3.5% during mid-day trading on Tuesday . The company traded as low as $0.8051 and last traded at $0.8878. 11,720 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 38,372 shares. The stock had previously closed at $0.92.
Oxus Acquisition Trading Down 3.5%
The stock has a market capitalization of $5.83 million, a price-to-earnings ratio of -4.23 and a beta of 0.01. The firm’s fifty day moving average price is $1.15 and its 200 day moving average price is $1.26.
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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