Oxus Acquisition (NASDAQ:OXUS) Stock Price Up 0.7% – Here’s Why
by Amy Steele · The Cerbat GemOxus Acquisition Corp. (NASDAQ:OXUS – Get Free Report) rose 0.7% during trading on Friday . The company traded as high as $1.54 and last traded at $1.54. Approximately 2,908 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 38,372 shares. The stock had previously closed at $1.53.
Oxus Acquisition Trading Down 1.3%
The business’s fifty day moving average is $1.33 and its 200 day moving average is $1.51. The firm has a market capitalization of $10.30 million, a P/E ratio of -7.48 and a beta of 0.01.
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.