Oxus Acquisition Corp. (NASDAQ:OXUS – Get Free Report) dropped 5.6% during mid-day trading on Thursday . The stock traded as low as $5.02 and last traded at $5.19. Approximately 4,528 shares changed hands during trading, a decline of 88% from the average daily volume of 38,372 shares. The stock had previously closed at $5.50.
Oxus Acquisition Trading Down 5.6%
The company’s fifty day moving average is $5.90 and its 200-day moving average is $6.09. The firm has a market capitalization of $34.06 million, a P/E ratio of -24.71 and a beta of 0.01.
About Oxus Acquisition
Oxus Acquisition Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus its search on targets in the energy transition technologies, such as battery materials, energy storage, electric vehicle infrastructure, and advanced recycling in emerging/frontier countries, including the Commonwealth of Independent States, South and South-East Asia, the Middle East, and North Africa regions.
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