Big Cypress Acquisition Corp. (OTCMKTS:BCYP – Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-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 traded.
Big Cypress Acquisition Trading Down 19.2%
The stock’s fifty day moving average is $8.44 and its 200-day moving average is $8.44.
Big Cypress Acquisition Company Profile
Big Cypress Acquisition Corp. is a special purpose acquisition company, or SPAC, incorporated in Delaware to pursue one or more business combination opportunities with private operating businesses. The firm does not currently conduct any commercial operations of its own.
The company trades on the OTC Markets under the symbol BCYP. Proceeds from its initial public offering are held in a trust account and are available for consummating a qualifying business combination or for return to shareholders should the SPAC not complete a transaction within the time frame set by its governing documents.
Big Cypress Acquisition’s business model leverages the SPAC structure to provide private companies with an alternative route to public markets.
Read More
- Five stocks we like better than Big Cypress Acquisition
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- If You Keep Cash In A U.S. Bank Account… Read This NOW
- Executive Order 14330: Trump’s Biggest Yet
Receive News & Ratings for Big Cypress Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Big Cypress Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
