Big Cypress Acquisition (OTCMKTS:BCYP) Shares Break Below 200 Day Moving Average – Here’s Why

Big Cypress Acquisition Corp. (OTCMKTS:BCYP – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday. 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 changing hands.

Big Cypress Acquisition Price Performance

The stock’s 50-day moving average price is $8.44 and its 200-day moving average price is $8.44.

About Big Cypress Acquisition

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Big Cypress Acquisition Corp. was a special purpose acquisition company, or SPAC, formed to identify and complete a merger, capital stock exchange, asset acquisition, or similar business combination with an operating company. As a blank-check company, it did not conduct significant commercial operations or offer products and services of its own before completing a transaction.

Big Cypress entered into a business combination with SAB Biotherapeutics, a biotechnology company developing human antibodies using genetically engineered cattle.

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