Duddell Street Acquisition (OTCMKTS:DSACU) Trading Up 0.3% – Should You Buy?

Duddell Street Acquisition Corp. (OTCMKTS:DSACU – Get Free Report) traded up 0.3% during trading on Tuesday . The stock traded as high as $10.28 and last traded at $10.28. 257 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 28,965 shares. The stock had previously closed at $10.25.

Duddell Street Acquisition Stock Performance

The business’s 50-day moving average is $10.15 and its two-hundred day moving average is $10.09.

Duddell Street Acquisition Company Profile

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Duddell Street Acquisition Corp (OTCMKTS: DSACU) is a Cayman Islands–incorporated special purpose acquisition company formed in November 2020. As a blank check vehicle, it raises capital through an initial public offering and holds proceeds in a secure trust account until it completes a qualifying business combination. The company’s units, each comprised of one share of common stock and a fraction of a warrant, trade on the OTC market under the ticker DSACU.

The primary objective of Duddell Street Acquisition is to identify and merge with one or more target businesses, with a particular emphasis on high-growth sectors across Asia.

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