Big Cypress Acquisition Corp. (OTCMKTS:BCYP – Get Free Report) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $8.44 and traded as low as $8.21. Big Cypress Acquisition shares last traded at $8.44, with a volume of 15,335,101 shares trading hands.
Big Cypress Acquisition Stock Performance
The firm’s 50-day moving average price is $8.44 and its 200 day moving average price is $8.44.
About Big Cypress Acquisition
Big Cypress Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with an operating company. Unlike a traditional operating business, the company was established primarily to raise capital and pursue a merger, acquisition, or similar transaction.
The company has stated that its search may include businesses in sectors such as healthcare, technology, media and telecommunications, consumer products and services, and financial services.
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