Blue Water Acquisition Corp. (OTCMKTS:BLUWU – Get Free Report)’s share price shot up 0.4% during trading on Monday . The company traded as high as $10.57 and last traded at $10.57. 1,800 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 87,615 shares. The stock had previously closed at $10.53.
Blue Water Acquisition Price Performance
The stock’s 50-day moving average price is $10.30 and its 200-day moving average price is $10.14.
About Blue Water Acquisition
Blue Water Acquisition Corp is a special purpose acquisition company that trades its units on the OTC Markets under the symbol BLUWU. Incorporated in Delaware, the company was formed to raise capital through an initial public offering and to use those proceeds to complete a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.
The company’s primary objective is to identify and execute a business combination with one or more businesses operating across diverse industries and geographies.
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